The International Monetary Fund mission will come to Ukraine on Nov 3-15. The mission, which will check the execution of the stand by program, will be headed by Thanos Arvanitis. On Jul 28, the IMF board decided to provide USD 15.15bn loan to Ukraine during the forthcoming 2.5 years according to the new stand-by arrangement. The IMF also allocated to Ukraine the first tranche of USD 1.89bn on that date. The first revision of the program will be carried out in October-November. Depending on the results of the revision of the program Ukraine can receive second tranche of the loan. |
In 2012, Metro Cash&Carry Ukraine, which is a retail division of the Metro Group (Germany), raised sales by 10.9% y/y to EUR 877mn, the company said. The company opened two new wholesale ... more
The Naftogaz Ukrainy has repaid UAH 2.4bn worth of loans so far in 2013. The company was able to repay this amount of loans because of economy of natural gas in all areas of its operation, ... more
The European Commission recommends Ukraine to focus on meeting its commitments under the association agenda, reads the ENP Country Progress Report 2012 - Ukraine released on Wednesday. In ... more