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Naftogaz urges govt to let gas price hike

KIEV, Feb. 7 ??“ Naftogaz Ukrayiny, the national oil and gas company and the country??™s biggest taxpayer, warned Tuesday the government??™s refusal to let the company hike gas prices for households may undermine the company??™s finances.


Foreign banks increase share in Ukraine??™s banking sector, NBU says

KIEV, Feb. 7 - The share of foreign capital in Ukraine's banking system has grown to 23% from 19.5% since the beginning of 2006, First Deputy Chairman of the National Bank of Ukraine Anatoly Shapovalov said Tuesday.


Ukraine increases 2005 power exports 56.3% on year, ministry says

KIEV, Feb. 7 ??“ Ukraine exported 8.34 bln kWh of power in 2005, up 56.3% on the year, according to the Fuel and Energy Ministry of Ukraine.


UkrSotsBank mulls to attract $650 mln in financing in 2006

KIEV, Feb. 7 - UkrSotsBank, one of the biggest banks in Ukraine, is planning to raise up to $650 mln on the foreign markets in 2006, Boris Timonkin, the bank's CEO, said at a press conference in Kiev.


Govt to submit revised 2005 budget a month later than planned

SUMY, Feb. 7 ??“ The government will submit its revised 2005 budget to Parliament by March 15, a full month later than earlier planned, President Viktor Yushchenko said Monday.


New government moves to cancel controversial 2004 steel privatization

KIEV, Feb. 5 ??“ Ukraine??™s new government canceled a number of its predecessor??™s actions Saturday, quickly delivering on its election promise to reverse a controversial selloff of the country??™s largest steel mill last year.


PM: Deficit twice as large as estimated, requiring dramatic steps

KIEV, Feb. 5 ??“ Ukraine??™s hidden budget deficit this year is more than twice larger than has been earlier reported and dramatic steps must be made to improve the situation, Prime Minister Yulia Tymoshenko said Saturday.


Yushchenko names entire cabinet Friday

KIEV, Feb. 4 ??“ President Viktor Yushchenko appointed the entire Cabinet Friday, less than two hours after Parliament had overwhelmingly approved his fiery ally, Yulia Tymoshenko, as the new prime minister.


Russian shelling kills two in Kherson

KYIV, Jan 7 - The southern Ukrainian city of Kherson was subjected Sunday to numerous shelling attacks from Russian-occupied parts of the Kherson region, across the Dnipro River, local officials said.


Ukraine reports drop in PCR testing for COVID-19 amid new approach

KYIV, Jan 5 – The decrease in the volume of PCR testing for COVID-19 can be explained by the launch of antigen tests, however, the decrease in the number of tests does not affect the incidence rate, experts from the Kyiv School of Economics (KSE) said.


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