KIEV, Jan. 29 - Ukraine will need new steps towards fiscal consolidation, as well as changes in the exchange rate and tariff policies to achieve progress in talks with the International Monetary Fund, IMF Deputy Executive Director Yuriy Yakusha, representing Ukraine in the fund, said in a letter.

KIEV, Jan. 30 – The growth in Ukraine's real gross domestic product accelerated to 5.2% in 2011 from 4.2% in 2010, the State Statistics Service reported on Monday.

The service said that in the fourth quarter of 2011, the pace of growth, compared to the same period in 2010, slowed to 4.6%, from 6.6% in the third quarter.

DAVOS, Jan. 27 – The steps Ukraine is taking to reduce Russian natural gas consumption by transitioning to alternative gas suppliers, other energy resources and active energy conservation will be much more effective than attempting to lower the price through negotiations, ex-head of Ukraine's national oil and gas company Naftogaz Ukrayiny Oleksiy Ivchenko said.

DAVOS, Switzerland, Jan. 30 - Russia's Lukoil is maintaining its Odessa Oil Refinery in working order, awaiting a decision from the Ukrainian authorities on improving the economics of oil refining in order to re-launch the refinery, Lukoil President Vagit Alekperov told journalists in Davos on the sidelines of the eighth Ukrainian lunch organized by the Victor Pinchuk Foundation.

KIEV, Jan. 27 – Germany's Siemens AG has been seeking to rival a Chinese company for building high-speed trains for a rail link between Kiev and its main international airport, Boryspil.

KIEV, Jan. 26 – The Ukrainian government is ready to support the plans of LEONI Wiring Systems UA GmbH, a producer of automotive wiring harnesses for European manufacturers, to expand its production in Ukraine, Prime Minister Mykola Azarov has said.

KIEV, Jan. 27 – Any decision to introduce duties on imported fuel could be challenged in line with the procedures of the World Trade Organization (WTO),
Ukraine has been studying whether to introduce the duties.

KIEV, Jan. 27 – UkrTatNafta, Ukraine’s largest oil refinery by capacity, filed a lawsuit against EnergoAtom, the state-owned nuclear power generator, seeking to declare the power producer bankrupt.

KREMENCHUK, Jan. 27 – UkrTatNafta, Ukraine’s largest oil refinery by capacity, may boost crude refining by 52% on the year to 5.5 million metric tons in 2011, an official said.

KIEV, Jan. 26 - Ukraine may soon lift restrictions on wheat exports, first by increasing quotas, and then perhaps even scrapping the quotas altogether after March.