Read more in section
General Steel Guru: Naftogaz Ukrainy loses nearly Hr 2 billion in 9 months Today at 08:59
General Country Life: Where to invest in farmland Yesterday at 16:51
General Ukraine sees almost 1 percent inflation in October Yesterday at 12:43
Business Ukraine pays Russia gas debt, easing dispute fears Two days ago at 22:32
General Delinquent borrowers return about Hr 27 million in loan funds to banks, says security service Two days ago at 21:53
General Naftogaz may face problems paying for November gas imports Two days ago at 21:29
General Economy Ministry confirms GDP fall forecast for 2009 at 12% Two days ago at 18:14
General Fitch upgrades Naftogaz to 'CCC'; assigns expected bond rating of 'B' Two days ago at 17:31
General New generation satellite technologies to be implemented in Ukraine Two days ago at 16:03
Most popular Business
Russia will give Iceland loan
October 07, 2008 at 12:48Iceland's government is trying to wrest control of the increasingly dire situation and restore some confidence in the country's hard-hit banking sector. The move comes a day after trading in shares of major banks was suspended and the Icelandic krona fell a quarter against the euro.
The central banks says the maturity of the loan from Russia is three to four years. The bank says discussions about the loan had begun some months ago. It saidOct. 7,the money would significantly bolster its foreign exchange reserves and would support its falling currency.