KIEV, May 19 – President Viktor Yushchenko has again called for a review of the gas contracts signed by Ukraine and Russia this January.

"I have no doubt that the sides will review these documents, because it's impossible to live with these documents," he said in an interview with the Delo newspaper published on Tuesday.

KIEV, May 19 – A comparison of budget revenues with expenditures has shown that the 2009 budget's revenues will only fund wages, pensions and utility payments, former Finance Minister Viktor Pynzenyk said in an interview with the Dzerkalo Tyzhnya newspaper.

KIEV, May 19 – President Viktor Yushchenko on Tuesday urged the government to amend the 2009 budget in order to prevent increasing reliance on inflationary money printing for covering Ukraine’s burgeoning budget deficit.

KIEV, May 19 – President Viktor Yushchenko on Tuesday appointed Vira Ulianchenko, a long-time ally, as his chief of staff, replacing Viktor Baloha at the critical post, which largely defines the president’s domestic policy.

KIEV, May 19 – The government will not suspend its earlier decision to cancel the offshore oil exploration and production license for U.S. oil company Vanco Energy, a senior official said Monday.

KIEV, May 19 – The hryvnia rose sharply against the U.S. dollar on Monday following comments from a senior official at the National Bank of Ukraine that the bank will soon stop intervening on the currency market by buying excessive hard currency.

KIEV, May 18 – Prime Minister Yulia Tymoshenko’s government, at an emergency meeting Monday, postponed indefinitely the privatization of Odessa Portside Plant, a lucrative exporter of fertilizers, easing tensions with President Viktor Yushchenko.

KIEV, May 17 ??“ The growth of foreign direct investments (FDIs) in Ukraine in Q1 was estimated at $235 million, 8.6% over the same period last year and 61% down on the previous quarter.

KHARKIV, May 18 ??“ The state-owned Naftogaz Ukrayiny has started drawing on the ?2 million credit line opened by Deutschebank for the company, Naftogaz CEO Oleksiy Ivchenko said in Kharkiv, Interfax-Ukraine reported.

KIEV, May 18 ??“ Foreign Affairs Minister Boris Tarasiuk is currently in Baku discussing urgently needed imports of gasoline from Azerbaijan to alleviate fuel shortages that are sweeping Ukraine, Prime Minister Yulia Tymoshenko said Wednesday.