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WEDNESDAY, JUNE 20, 2018

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IMF tells Ukraine to amend legislation
KIEV, June 19 - The head of the International Monetary Fund on Tuesday indicated that Ukraine must quickly amend its recently approved anticorruption legislation in order to win resumption of $17.5 billion lending program. 15:51 | More

Poroshenko, EU leaders to discuss Russia Black Sea tension points July 9
KYIV, June 18 - President Petro Poroshenko intends to discuss the points of tension created by Russia in the Black and Azov Seas with the leaders of the European Union during the Ukraine-EU summit on July 9. 15:48 | More

Ukraine may auction 1 trillion cubic meters of gas fields
KYIV, June 19 - The State Service of Geology and Mineral Resources estimates gas resources on 44 fields, special permits on which will be put up for sale in the near future, at one trillion cubic meters (tcm), acting head of the service Oleh Kyryliuk said. 15:47 | More

In the framework of the working visit to Turkey, President of Ukraine Petro Poroshenko met with the President of the Republic of Turkey, Recep Tayyip Erdogan. Leaders of the two countries discussed relevant issues of bilateral cooperation and international agenda. (Photo by the press service of the president.)

Ukraine’s power consumption up 2.8% January-May, energy ministry reports
KYIV, June 19 - Electricity consumption in Ukraine in January-May 2018, taking into account in-process consumption, increased by 2.8% (by 1.774 billion kWh) compared to the same period in 2017, to 65.563 billion kWh, the Ministry of Energy and Coal Industry reported. 15:46 | More

IN FOCUS	PLA likely behind plans to buy Motor Sich KYIV, June 17 – A Chinese company that tried to secretly acquire a controlling stake in Ukraine’s aircraft engine manufacturer has strong connections to the Chinese military, South China Morning Post reported Sunday. 12:35 \| More
Ukraine to build anti-Nord Stream 2 bloc KYIV, June 18 – Ukraine will seek to create a consortium of EU companies and countries that will work to stop the construction of Russia’s Nord Stream 2 gas pipeline to Germany, New Europe reported Monday. 18:18 \| More

COMMENT AND ANALYSIS

Threats persist from Chernobyl and Fukusima, Greenpeace reports The forest areas around Ukraine's Chernobyl and Japan's Fukusima remain sources of radiation and carry a potential threat to the health of local residents, Greenpeace said.More	Consumer inflation slowing faster than expected, NBU reports The actual slow of consumer inflation in February in annual terms is quicker than the inflation-slowing trajectory to 12% as of late 2016 projected by the National Bank of Ukraine, the regulator has reported on its website.More
ING analysts forecast 2016 GDP decline, citing political risks Analysts from ING Bank have confirmed the forecast of a decline in real gross domestic product in 2016 by 1%, pointing to a predominance of political risks in the economy.More	NBU: Hryvnia slide caused by temporary and fundamental factors The decrease of the hryvnia exchange rate on the interbank currency market continue being caused by both temporary and fundamental market factors that result in the reduction of supply of foreign currency, Deputy National Bank of Ukraine Governor Oleh Churiy said.More