BRUSSELS, Oct. 4 – The European Commission believes that it is "totally incorrect" to say that Ukraine will lose 20% of its state revenues after the creation of a free trade area with the European Union.

KIEV, Oct. 5 – The construction of facilities at Chernobyl nuclear power plant will cost EUR 1.55 billion, the press service of First Deputy Prime Minister Andriy Kliuyev said.

KIEV, Oct. 6 – Ukrainian ferroalloy plants have asked the U.S. Department of Commerce to revise the 163% antidumping duty on import of ferromanganese silicon from Ukraine.

KIEV, Oct. 6 – Lviv-based OJSC Zakhidenergo plans to finish the reconstruction of power unit seven at the Burshtynska thermal power plant by September 2011.

The director of the department for promising developments and investment at National JSC Energy Company of Ukraine, Yuriy Trofimenko, announced the plan at a meeting of the Fuel and Energy Ministry at the Burshtynska heat power plant.

KIEV, Oct. 6 – Ukrtransnafta, the Ukrainian state oil pipeline operator, has accused Russia's LUKOIL, the owner of Odessa oil refinery and Russia's Transneft, the oil pipeline monopoly, in the blocking of oil refining at Odessa oil refinery.

KIEV, Oct. 6 - Naftogaz Ukrayiny, the national oil and gas company, late Tuesday made a $400 million payment to Russian gas giant Gazprom for gas imports in September, narrowly meeting a deadline and avoiding crippling sanctions.

KIEV, Oct. 5 - Ukraine's banking sector expects a wave of mergers and acquisitions that would reduce the number of banks operating in the country, said Petro Poroshenko, the head of the Council of National Bank of Ukraine.

KIEV, Oct. 5 – The total payment on Ukraine's foreign debts in 2010 is expected at around $20.3 billion, according to the National Bank of Ukraine.

"The outflow of funds on the account of transactions with capital and financial transactions will continue, but less than in 2009.

MOSCOW, Oct. 5 - Ukraine had the worst industrial decline among CIS countries in the first eight months of 2009.

The CIS Interstate Statistical Committee said industrial output plummeted 29.6% year-on-year in Ukraine, 24.6% in Moldova, 14% in Russia, 12.7% in Kyrgyzstan, 11.9% in Armenia, 11.4% in Tajikistan, 4.6% in Belarus and 1.5% in Kazakhstan in January-August.

KIEV, Oct. 6 – The merger of the telecommunications assets of Norway's Telenor and Russia's Alfa Group – CJSC Kyivstar GSM and OJSC VimpelCom - will have only a slight impact on the Ukrainian telecommunications market in the short term, according to market players polled by Interfax-Ukraine.