KIEV, Sept. 22 – The subsistence wage in Ukraine will grow by 14% in 2012, First Deputy Prime Minister and Economic Development and Trade Minister Andriy Kliuyev said.

KIEV, Sept. 23 – The European Bank for Reconstruction and Development may next year extend some $150 million in financing for the first phase of the modernization of Ukraine's gas transport system, but is waiting to see the country take specific steps toward the restructuring and financial rejuvenation of national oil and gas company Naftogaz Ukrayiny, the bank's country chief for Ukraine, Andre Kuusvek, told Interfax-Ukraine.

KIEV, Sept. 23 – Donetsky Kryazh Ltd (Bobrykove, Luhansk region), which is fully owned by Australia's Lugansk Gold Ltd. (Perth) has started building a concentrating mill as a part of the Bobrikovo gold and silver mine extraction and enrichment project, local authorities report.

KIEV, Sept. 23 - About $5.3 billion of investment may be needed to overhaul and modernize priority elements of Ukraine's gas transportation system, the deputy chief executive of national oil and gas company Naftogaz Ukrayiny, Vadym Chuprun said on Thursday.

KIEV, Sept. 24 – Germany's Deutsche Bank is showing interest in expanding its presence on the Ukrainian banking and investment-banking services, according to a Tuesday survey of Kiev-based Foyil Securities Investment Company.

KIEV, Sept. 25 – Ukraine's government should cut its forecast for Ukraine's GDP growth for 2009, as the global financial crisis would not allow a previous forecast to materialize, a lawmaker said.

Stanyslav Arzhevitin, the first deputy head of the committee for finance and banking activities and a member of Our Ukraine People's Self-Defense, said the growth will probably be slower than 6%.

LONDON, Sept. 25 – Nine Ukrainian banks, including Swedbank, Forum, ProCredit, VTBU, UkrSib, Ukrsots and Pravex, had their outlook revised to ‘negative’ from ‘stable’ by Fitch Rating, following a similar action on the sovereign.

LONDON, Sept. 25 – Fitch Ratings on Thursday revised Ukraine’s outlook to ‘negative’ from ‘stable,’ citing the threat of a currency crisis that may be caused by widening current account deficit.

KIEV, Sept. 25 - UkrNafta, Ukraine's biggest oil producer, wants tax breaks reinstituted for the development of fields that are exhausted or difficult to develop, First Deputy Chairman for economics and finance at the company Volodymyr Pustovarov said.

KIEV, Sept. 25 - Moody's Investors Service has confirmed the foreign currency Insurance Financial Strength Rating (IFSR) of Kiev-based Generali Garant insurance company at Ba3 with a positive outlook, the insurer's press service told Interfax-Ukraine on Monday.