KIEV, June 7 – The National Bank of Ukraine cut its key interest rate for the first time in more than a year in an attempt to boost economic growth amid weakening consumer prices.

KIEV, June 7 - Ukrgazvydobuvannia, a subsidiary of Naftogaz Ukrainy, increased gas extraction by 0.4% or by 22 million cubic meters in January-May 2011 compared to the same period in 2010, to 6.278 billion cubic meters (bcm), the company reported.

KIEV, June 8 – China is satisfied with the level of cooperation with Ukraine in aircraft construction and interested in its further development, according to Wang Zhaoguo, Deputy chairman of the standing committee of the National People's Congress.

KIEV, June 9 – If the Ukrainian authorities agree to the demands of Ukrainian automobile manufacturers and introduce a duty on imports of passenger cars, as proposed by the Ukrautoprom association, this will lead to a jump in car prices, which will make cars too expensive for ordinary consumers, the Ukrainian Association of Car Importers and Dealers said in a statement.

DNIPROPETROVSK, June 9 – The situation with value-added tax refunding has improved, although state bodies like the State Customs Services are still guilty of red tape and corruption, said Vasyl Kharakhulakh, director general of the Dnipropetrovsk-based Metallurgprom association of metal companies of Ukraine.

KIEV, June 9 - BNY Mellon has forecast that the number of new programs on the issue of depositary receipts (DR) for shares of Ukrainian companies could reach from three to five in 2011, said Anthony F. Moro, managing director of Bank of New York Mellon Corp. (BNY Mellon).

ISTANBUL, June 8 - Ukraine is expecting the European Union to give a clear answer to the question as to which gas transportation route, South Stream or Nabucco, it supports, said Minister of Fuel and Energy Yuriy Boyko.

KIEV, June 8 - Ukraine boosted ferroalloy output 160% year-on-year in January-May to 655,000 tons, the Ukrainian Ferroalloy Producers' Association told Interfax.

KIEV, June 9 – Ukraine on Tuesday received a $2 billion loan from Russia, a source in the Ukrainian government told Interfax-Ukraine.

The funds were most likely provided under a joint Russian-Ukrainian project for the completion of two reactors at the Khmelnytsky nuclear power plant, the source said.

KIEV, June 9 - Ukraine saw 7.4% inflation in January-May, the State Statistics Committee reported.

According to the report, inflation slowed to 0.5% from 0.9% in April, 1.4% in March, 1.5% in February and 2.9% in January.

Inflation grew by 14.7% in May 2009 compared to May 2008.

Prices for food and non-alcoholic beverages increased 0.3% in May, with the biggest increase in prices for sugar, poultry and vegetables (6.5-3.1%).