Section: The American Center for a European Ukraine (USA)
Gontareva explained swings in hryvnia exchange rate
The hryvnia exchange rate has decreased due to political instability along with the seasonal factors, the fall in business activity in November and the settling of a large payment from the treasury account, Governor of the National Bank of Ukraine (NBU) Valeriya Gontareva has said. “In recent days, unfortunately, another situation factor was...
MP Kononenko leaving post after accusations made by Economic Development and Trade Minister Aivaras Abromavicius
First deputy head of the Petro Poroshenko Bloc faction Ihor Kononenko has said that he leaves this post for the time of the investigation into the accusations made by Economic Development and Trade Minister Aivaras Abromavicius and has invited Abromavicius to pass the lie-detector test regarding the voiced accusations together with him. “With...
GPO seizes property of ex-minister Zlochevsky
The movable and immovable property of former Minister of Ecology and Natural Resources of Ukraine Mykola Zlochevsky in Ukraine has been seized, according to the press service of the Prosecutor General’s Office of Ukraine (PGO). The PGO filed a petition to court to arrest the property of the ex-Minister of Ecology and Natural Resources of...
Ukraine files lawsuit over Nord Stream II construction
Ukraine has filed a suit in court regarding the construction of Nord Stream 2, a gas pipeline between Russia and Germany. Ukrainian Prime Minister Arseniy Yatsenyuk said at a meeting with Slovakian Minister of Foreign Affairs Miroslav Laichak in Kyiv on Monday, February 1. “I would like to inform that Ukraine has filed a suit […] …read more...
Only Presidential Leadership Can Avert Ukraine’s Perfect Storm
The resignation of Ukraine’s Economy Minister Aivaras Abromavicius exposes how Ukraine’s political system works. Just as in established democracies, technocrats and experts have to make common cause with politicians and ideologues. The only way to satisfy both the anticorruption reformers and the need for stability is for the...
US to bolster military presence in Europe
Alleging that the Russian aggression in Ukraine has left countries in Eastern Europe concerned about their safety, US President Barack Obama today announced to strengthen America’s robust military posture in the region. The Pentagon quadrupled its budget from USD 789 million to more than USD 3.4 billion for military spending in Europe. BS:...
Ukraine’s economy minister Abromavicius quits
Ukraine’s economy minister Aivaras Abromavicius has resigned in dramatic fashion, blaming senior figures in the pro-Western government for blocking his attempts at reform and enabling widespread corruption. Ukraine’s economy minister’s resignation is a blow to Petro Poroshenko’s ruling coalition, which is facing calls for...
Ukrainian Economy Minister Quits as Government Cracks Widen
Ukrainian Economy Minister Aivaras Abromavicius stepped down, saying he won’t be a “puppet” to other state officials who he claims are blocking reforms to turn the war-torn country’s economy around and attract investments. Abromavicius said politicians, including some from the office of President Petro Poroshenko, have increased...
Why Ukraine Must Outsource Its Fight Against Corruption
Ukraine needs to treat the war against corruption as seriously as it does its conflict with Russia. Ukrainian politicians tend to block anti-corruption legislation by proposing endless changes or inserting anti-reform clauses into unrelated laws. Kiev is losing the fight against corruption. It’s time for a radical cure. FP: Why Ukraine Must...
Germany’s Merkel presses Putin on Ukraine separatists
Merkel made clear that she doesn’t see grounds for lifting economic sanctions against Russia at present. In December, the European Union extended the sanctions through July. WP: Germany’s Merkel presses Putin on Ukraine separatists …read more Source: The American Center for a European...
