MOSCOW, June 29 - Moody's Investors Service has downgraded the long-term foreign currency senior unsecured debt rating of Bank Nadra to C from Caa2, with a stable outlook.

KIEV, June 30 - Actual year-on-year wages in Ukraine fell in May by 9.1%, while in May 2008 they grew 6%, the State Statistics Committee reported.

According to the committee, the average nominal wage in May 2009 was UAH 1,851, which is a 4.3% rise against May 2008 and 0.3% compared to April 2009.

KIEV, June 30 – The National Electricity Regulatory Commission plans to revise the ceiling prices of natural gas for industrial consumers and budget organizations for 2009.

The issue has been included on the agenda of an extraordinary open meeting of the commission scheduled for July 1.

KIEV, June 27 – The share of foreign capital in Ukrainian bank statutory capital in May shrank to 35.5%, from 36.3% in April.

As the National Bank of Ukraine reported, the banks' aggregate registered statutory capital in May 2008 grew by 2.3%, or by UAH1.144 billion, to UAH51.483 billion. Since the beginning of the year, their capital has increased by 20.1%, or UAH8.61 billion.

KIEV, June 27 – Poland is interested in cooperation with Ukraine in the nuclear power engineering sector, Wojciech Zajaczkowski, an advisor to the Polish prime minister, said during a meeting with Yuriy Nedashkovsky, president of the national nuclear generating company Energoatom.

KIEV, July 1 – Wizz Air Ukraine, a subsidiary of the Hungarian budget airline Wizz Air, has received an air operator's certificate from the State Aviation Administration.

According to a company's press release, on the same day its first aircraft Airbus 320 landed in Ukraine.

KIEV, July 1 - Estonia's Aeroc International plans in early 2009 to launch a second porous concrete production line on the basis of Obukhiv porous concrete plant in Kiev region, Yana Honcharenko, commercial director of Kiev-based Aeroc Ltd., a daughter company of Aeroc International, told Interfax-Ukraine.

She said that the production capacity of the line would be 200,000 cubic meters per year.

Honcharenko did not disclose investment in the launch of the second line, adding that investment would be disclosed after its launch.

KIEV, July 1 – Chernivtsi has been declared the best city to live in Ukraine, according to Focus magazine.

A total of 55 Ukrainian cities were analyzed in the rating.

The editorial staff of the magazine, jointly with the experts, rated participants according to 15 criteria, in particular: the development of infrastructure, the level of criminality, the ecological situation, tourism and investment attractiveness, and the average salary.

KIEV, June 27 - A declaration on building South Stream, a radical new route for transporting natural gas from Russia to Europe bypassing traditional transit countries is a logical result of Ukraine's nearsighted policy, the Ukrainian Fuel and Energy Ministry told Interfax.

KIEV, June 27 - Ukraine will increase coal extraction from 80 million tons to 105 million tons annually within the next several years, Prime Minister Viktor Yanukovych said on Thursday.