KIEV, July 15 – The government, pressed by the International Monetary Fund, scrapped massive state subsidies to the steel sector that had been in effect for 1.5 years, a government official said Thursday.

KIEV, July 15 – Ukraine will postpone plans to sell state assets to bridge its budget gap until the market rebounds and valuations of the assets increase, Prime Minister Mykola Azarov said Thursday.

KIEV, July 15 - Ukraine on Thursday vowed to stick to an agreement with the International Monetary Fund and to implement key reforms in order qualify for a $14.9 billion loan from the organization and improve its borrowing options.

KIEV, July 15 – Prime Minister Mykola Azarov has met with the Ukrainian team who won the Electronic Sports World Cup (ESWC) in Counter-Strike 1.6.

"It is a high score and a pleasant surprise for Ukraine that our team has become champion of the world," the government's press service quoted the prime minister as saying.

KIEV, July 15 – Prime Minister Yulia Tymoshenko’s lawmakers called for another emergency session of Parliament on Thursday after two previous such sessions had collapsed due to opposition from the Regions Party.

KIEV, July 15 – A senior central bank official said Wednesday the “worst was over” for the industrial sector, but the government must now prepare for the second wave of Ukraine’s crisis, which may affect banks.

KIEV, July 14 – Ukraine welcomes the signing of an agreement on the construction of the Nabucco pipeline, according to the deputy head of the presidential secretariat, Andriy Honcharuk.

"The signing of this agreement will lead to geopolitical shifts in the region and will allow the diversification of supply routes not only for consumers but also for the suppliers of energy resources, Azerbaijan and Turkmenistan in the first place, and possibly other states of the Caspian region and the Middle East," which will help boost trade and stabilize several regions simultaneously, the presidential press service quoted Honcharuk as saying.

KIEV, July 14 – President Viktor Yushchenko has praised the Yalta European Forum's assistance on Ukraine's path towards acquiring the European Union membership.

YALTA, July 14 - Ukraine's movement into the European Union will receive a boost when Poland holds the EU's rotating presidency in 2011, former Polish President Aleksander Kwasniewski said on Saturday.

KIEV, July 15 - Prime Minister Yulia Tymoshenko on Tuesday defended Arcelor Mittal, the world’s largest steel company, in its escalating dispute with the country’s privatization agency over its Ukrainian steel assets.