KIEV, May 26 – Prime Minister Yulia Tymoshenko suffered her first major political defeat on Sunday when her closest ally lost to incumbent Leonid Chernovetskiy at Kiev Mayor and local council election.

KIEV, May 25 ??“ The Ukrainian authorities are involved in talks that could help UkrNafta, the country??™s largest oil company, to acquire a controlling interest in two small oil refineries, a senior official said Wednesday.

KIEV, May 25 ??“ Ukraine??™s economy started to show signs of acceleration in May after a sluggish performance earlier this year had caused concerns about budget revenue, a senior official said Wednesday.

KYIV, April 24 – It is time for NATO to pave a clear path for Ukraine's membership, if and when Kyiv wishes, until then it is necessary to be ready to provide security guarantees, in addition to political assurances that will not allow Ukraine to turn into a "gray zone," an article by Prime Ministers of Poland, Czech Republic, Slovakia Mateusz Morawiecki, Petr Fiala, Eduard Heger posted in Foreign Affair magazine reads.

KYIV, April 25 – On Tuesday, Ukraine received the third tranche in the amount of EUR 1.5 billion as part of the EU's large-scale macro-financial assistance for 2023, the total amount of which for the current year is EUR 18 billion, the Ukrainian Finance Ministry said.

KYIV, April 26 – The European Commission and five EU member states bordering Ukraine – Poland, Hungary, Slovakia, Romania and Bulgaria – are close to reaching a solution to the problem of importing Ukrainian agricultural products, European Commissioner for Agriculture Janusz Wojciechowski said at a press conference following a meeting of the EU Agriculture and Fisheries Council (AGRIFISH) in Luxembourg.

KYIV, April 26 - President Volodymyr Zelenskyy said he and Chinese leader Xi Jinping had a “long and meaningful” phone call Wednesday, their first known contact since Russia invaded Ukraine over a year ago, and Beijing appointed an envoy to pursue a “political settlement.”

KYIV, April 21 – Ukraine has applied to the International Monetary Fund (IMF) for support in covering the financial gap to keep the economy functioning in the amount of $5 billion per month for the next three months, and the IMF will assist in raising these funds, IMF Managing Director Kristalina Georgieva has said.

KYIV, April 22 – The tremendous efforts being made by the Ukrainian authorities to maintain macroeconomic and financial stability will become even more difficult to maintain in the face of huge shocks and dire circumstances without additional external financial support, Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva has said.

KYIV, April 22 – The World Bank Group has completed a preliminary assessment of the physical damage to Ukraine's buildings and infrastructure caused by Russia's military aggression and estimated it at about $60 billion, Bank President David Malpass said.

The World Bank Group has completed an early assessment of the physical damage. It puts the cost in terms of buildings and infrastructure, the narrow cost, at roughly $60 billion and does not include the growing economic costs to Ukraine's economy.