KIEV, Sept. 25 – Standard & Poor's Ratings Services has lowered its long- and short-term foreign currency sovereign credit ratings on Ukraine to 'SD' (selective default) from 'CC/C'. At the same time it affirmed its 'CCC+/C' long- and short-term local currency ratings.

ODESSA, Sept. 25 – The macroeconomic situation in Ukraine will stabilize in 2016, predicts Nomura International analyst Timothy Ash.

"Our expectations on macroeconomic stabilization have come true. Despite the large deficit of the budget, the balance of solvency is becoming stable, outflow of capital fell, payments are settled and stabilization is growing," he said at the Odessa Financial Forum.

NEW YORK, Sept. 28 – The $5 million each day Ukraine spends on the military conflict in Donbas could have been invested into sustainable development, President Petro Poroshenko said.

KIEV, Sept. 28 – The European Commission will provide $500 million to Ukraine for the purchases of Russian gas until the end of 2015.

"The European Commission continues its efforts towards organixing, through European and international financial institutions, the necessary financing for gas purchases by Ukraine during the winter period, as part of which at least $500 million should be available by the end of this year," reads a press release of the European Commission issued on Saturday.

KIEV, Sept. 28 – Holders of in excess of 50% of the outstanding principal amount across the 2016 Notes, 2017 Notes and 2018 Notes of Metinvest B.V. have formed an ad hoc committee, Metinvest announced.

KIEV, Sept. 25 – Ukraine will not declare a default because it has all the resources needed to honor its domestic and foreign commitments, Prime Minister Arseniy Yatseniuk said.

KIEV, Sept. 26 – Prime Minister Arseniy Yatseniuk has said that the European Union must immediately convene a meeting to elaborate a single energy policy, in particular, regarding a possibility of reverse gas supplies to Ukraine.

BERLIN, Sept. 26 – The intermediate price of gas for Ukraine of $385 per 1,000 cubic meters should not depend on customs duty set by the government of the Russian Federation, Ukrainian Energy and Coal Industry Minister Yuriy Prodan said.

BRUSSELS, Sept. 26 – The European Commission has said it expects the EU member states will fulfill a decision agreed by the European Council to facilitate reverse gas flows to Ukraine.

"The message from the Commission is very clear: We expect all member states to facilitate reverse flows as agreed by the European Council...

KIEV, Sept. 28 - President Petro Poroshenko has secured a temporary peace in the troubled east which he says gives him a chance to move Ukraine towards its dream of a place in Europe - but Russia's Vladimir Putin still holds cards that could thwart him, Reuters says.