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.
Finland has issued a second and final permit for the construction of the controversial Nord Stream II pipeline that is to pump gas from Russia directly to Germany via a Baltic Sea route, the Regional ... more
Ukrainian President Petro Poroshenko has nominated Yakiv Smolii, the acting head of National Bank of Ukraine (NBU), as a candidate for the post of governor to replace the outgoing governor ... more
A Georgian court sentenced former president Mikheil Saakashvili in absentia to three years in prison on January 5 over his alleged involvement in the covering up of the murder of a Georgian banker in ... more