The PM Mykola Azarov has ruled out the possibility of default in Ukraine. The reason for raising the issue is uncertain situation on the world financial markets as well as tough negotiations with the International Monetary Fund on getting another loan. According to First Deputy Head of the Presidential Administration Iryna Akimova, even if the IMF decides not to provide the loan, given the countrys debt situation, which improved in the past year, there will be no specific concerns with respect to an immediate default in Ukraine. |
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