KIEV, Sept. 18 – A fall in the cost of credits in hryvnias will lead to a leveling of interest rates on deposits in foreign and national currencies, according to Borys Tymonkin, chairman of Ukrsotsbank.

KIEV, Sept. 18 – The Ukrainian cabinet will allocate UAH410.4 million from the national budget to increase the safety of coal mining and restructure the coal sector in Donetsk region in 2008-2011, according to an agreement on the development of Donetsk region signed between the cabinet and Donetsk regional council.

KIEV, Sept. 15 ??“ The transfer of mortgages into the so-called hryvnia zone will make real estate more expensive, says Oleksandr Bondarenko, the president of the Association of Realtors of Ukraine.

KIEV, Sept. 15 - Norway's Telenor is planning to increase its stake in the Ukrainian cellular provider Kyivstar-GSM to 100%, Sigmund Ekhougen, head of the Telenor representation in Ukraine, said at a press conference.

KIEV, Sept. 18 ??“ State-run UkrInterEnergo and Russia's Inter RAO UES could found a joint-stock company to restore the interstate Isaccea-Varna power transmission line of South-Ukrainian Nuclear Power Plant and start joint electricity exports to the Balkan countries, according to Deputy Fuel and Energy Minister of Ukraine Oleksiy Sheberstov.

KIEV, Sept. 18 ??“ The government has proposed that Parliament increase the duty for oil, gas and gas condensate produced in Ukraine next year.

KRASNODAR, Sept. 18 ??“ The Industrial Union of Donbass (IUD) has started to build a metal roll plant in Armavir, Krasnodar territory, a source in the territorial administration told Interfax.

KIEV, Sept. 18 - The World Bank signed a landmark emission reductions purchase agreement with Ukraine??™s hydro power generator UkrHydroEnergo, under the Joint Implementation mechanism of the Kyoto Protocol, the World Bank reported Monday.

KIEV, Sept. 18 ??“ Ukraine on Monday asked Russia to increase supplies of its crude oil via Ukrainian pipelines, but the parties failed to make progress during talks, people familiar with the situation said.

KIEV, Sept. 16 - The number of subscribers of mobile communications operator Digital Cellular Communications (DCC), which operates a TDMA800 network, and Astelit, which operates a nationwide GSM 1800 network (the life :) trademark), topped 1.1 million people in early September.