The IMF intends to hold talks on continuation of cooperation with Ukraine in mid-December. According to Gerry Rice, the director of the IMF's communications department, the discussions between the staff of the IMF and the Ukrainian authorities continued after the IMF mission visited Ukraine in October, with a view to ensuring that policies are sufficiently ambitious to address Ukraine's challenges.
PM Mykola Azarov is optimistic about the consultations that the government's financial and economic leadership and the National Bank held with the IMF mission. The IMF announced after its mission's visit to Ukraine that it intended to assist the Ukrainian authorities in drafting a package of measures to address the imbalances in the country's economy.
German technology major Siemens said on July 21 it has "credible evidence" that all four gas turbines supplied for a power plant in the south of Russia were locally modified and illegally supplied ... more
Evolution Equity Partners announced on 17 July the final closing of a new fund with total capital commitments of $125mn to make investments in cybersecurity and next generation enterprise software ... more
The Ukrainian authorities have issued domestic government bonds in the amount of UAH22.5bn (€759mn) in exchange for the bank’s shares as part of the additional capitalisation of nationalised ... more