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Quote of the day
"Such a system as [Russian Prime Minister Vladimir] Putin's is exactly a target for destruction. It needs to be destroyed."
Former Soviet President Mikhail Gorbachev
Former Soviet President Mikhail Gorbachev
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Ukraine’s economy is caught in a deep and long-lasting recession. Unemployment is up. This year’s gross domestic product is expected to decline at least 13 percent. Tight credit and declining household incomes, along with sluggish global demand, point to a slow recovery ahead. Oct 22, 2009 at 21:38 | Vlad Sobell and Alexander Valchyshen |
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Ukraine state energy company Naftogaz has managed to restructure its $500 million Eurobond after failing to pay it by Sept. 30 deadline. Oct 22, 2009 at 21:37 |
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Metro strengthens its presence in Ukraine by opening the first Real hypermarket in Odesa. Oct 22, 2009 at 21:33 |
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Nibulon, Ukraine’s leading agricultural conglomerate launched a new grain terminal on the Dnipro river on Oct. 18. Oct 22, 2009 at 21:31 |
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Russian gas giant Gazprom CEO Alexei Miller met with Ukraine’s national joint-stock company Naftogaz Ukrainy Board Chairman Oleh Dubyna on Thursday. Oct 22, 2009 at 21:24 | Interfax-Ukraine |
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The European Bank for Reconstruction and Development is intending to establish a EUR 50 million Ukraine Renewable Energy Direct Lending Facility. Ukrainian News learned this from a statement by the European Bank for Reconstruction and Development, the wording of which was made available to the agency. Oct 22, 2009 at 20:16 | Ukrainian News |
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Ukraine's investment attractiveness will increase if the country's authorities decide to take real steps to deregulate business and relax the principles of work in the regulatory approval system, says Sanjar Ibragimov, IFC's BEE [Business Enabling Environment] Ukraine Project Manager. Oct 22, 2009 at 20:12 | Interfax-Ukraine |
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The Verkhovna Rada has adopted amendments to the law on the state budget for 2009 envisaging the financing of certain governmental agencies. Oct 22, 2009 at 20:10 | Interfax-Ukraine |
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The International Monetary Fund (IMF) provides funds to the National Bank of Ukraine, therefore the accusations by the Ukrainian opposition that the fund allegedly finances the activity of Ukrainian Prime Minister Yulia Tymoshenko as a candidate running for the presidency do not correspond to reality, according to IMF Director for External Relations Caroline Atkinson. Oct 22, 2009 at 20:02 | Interfax-Ukraine |
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The net losses of Kyiv-based Raiffeisen Bank Aval in January-September 2009 stood at UAH 1.585 billion, while year-over-year its net profit reached UAH 680.602 million. Oct 22, 2009 at 15:27 | Interfax-Ukraine |
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The average housing price in the elite class segment on the primary market in Kyiv in September fell by 0.34%, to $7,420 per square meter, according to experts from Kyiv-based Knight Frank Ukraine LLC. Oct 22, 2009 at 12:12 | Interfax-Ukraine |