KIEV, Dec. 22 – Real gross domestic product in Ukraine in 2009 will be 13.5-14.5% lower than 2008, says Valeriy Lytvytsky, the head of the group of advisors to the National Bank of Ukraine governor.

"Only Lithuania [among European countries] is projected to experience a steeper decline," he said.

KIEV, Dec. 22 – EnergoAtom National Nuclear Generating Company and China's CGNPC Corporation have initialed a memorandum on mutual understanding which will be the basis for cooperation between the companies, EnergoAtom reported. The company said that the memo will be signed in January 2010.

KIEV, Dec. 22 - Ukrenergy Holding AG (Zurich, Switzerland), a joint venture of Ukrinterenergo state company and Korlea Invest Holding AG, has prolonged a contract on electricity supply to the Hungarian subdivision of Audi car concern - Audi Hungaria Motor Kft. (Gyor, Hungary) until 2012, the board chairman of Korlea Invest Holding, Vasyl Danyliv.

KIEV, Dec. 22 – The revenue target of the general fund of Ukraine's national budget in 2009 could be short by UAH 34 billion, or some 19%, according to the Ukrainian presidential secretariat.

KIEV, Dec. 22 - Fitch Ratings has affirmed the city of Kiev’s ratings at Long-term foreign and local currency ratings of 'B+' and a Short-term foreign currency rating of 'B.’

Fitch also affirmed Kiev's National Long-term rating of 'AA+(ukr)'. The Outlooks for the Foreign and Local Long-term ratings are Negative and the National Long-term rating Stable.

KIEV, Dec. 22 – The PFTS index is likely will remain volatile with a positive direction, according to an analytical report posted on the official Web site of the National Bank of Ukraine .

"The political stabilization and privatization of electricity generating companies declared for next year will help to do this," reads the report.

LVIV, Dec. 20 - Switzerland's Implenia Global Solutions and Austria's Alpine Bau GmbH will take part in a tender to select the constructor of a stadium in Lviv for Euro-2012.

MOSCOW, Dec. 20 - Fitch Ratings has assigned the city of Kiev Long-term foreign and local currency ratings of 'BB-' (BB minus) with Stable Outlooks and a Short-term foreign currency rating of 'B', the agency said in a press release.

KIEV, Dec. 21 - The World Bank's Board of Executive Directors on Thursday approved a Second Development Policy Loan (DPL-II) for Ukraine totaling $300 million, the World Bank said.

KIEV, Dec. 21 – Linos, Ukraine’s second-largest oil refinery by capacity owned by Russian oil major TNK-BP, plans to increase gasoline output by 20.9% on the month to 191,000 metric tons in December, the refinery said Thursday.