Ukraine's finance minister resigned Wednesday as support for the government has fallen in the wake of a waning economy and the slow pace of reforms. KIEV — Ukraine's finance minister resigned Wednesday as support for the government has fallen in the wake of a waning economy and the slow pace of reforms. President Viktor Yanukovych accepted Fyodir Yaroshenko's resignation Wednesday. No reason...
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Daughter Says Tymoshenko's Life at Risk
The daughter of jailed Ukrainian opposition leader Yulia Tymoshenko says her mother’s life is now at risk after President Viktor Yanukovych “crossed a fine line” when he rejected all early chances of compromise to free her. KIEV — The daughter of jailed Ukrainian opposition leader Yulia Tymoshenko says her mother’s life is now at risk after President Viktor Yanukovych “crossed a fine line” when he rejected all early chances of compromise to...
Ukraine and Russia Trade Accusations in Cheese War
Ukraine accused Russia on Monday of blocking Ukrainian cheese imports for political reasons in an escalation of a food-quality dispute. KIEV — Ukraine accused Russia on Monday of blocking Ukrainian cheese imports for political reasons in an escalation of a food-quality dispute. Russian consumer goods watchdog Rospotrebnadzor barred imports of cheese made by three Ukrainian producers...
Ukraine Promises Gas to Flow
In the run-up to a fresh round of gas price negotiations Ukraine promised Friday that there would be no resumption of a energy war with Russia, despite an escalating public spat between Gazprom and Kiev's Naftogaz. In the run-up to a fresh round of gas price negotiations Ukraine promised Friday that there would be no resumption of an energy war with Russia, despite an escalating public spat between Gazprom and Kiev's Naftogaz. Repeated failure...
Ukraine Not Ruling Out Joining Customs Union
Ukrainian Prime Minister Nikolai Azarov said Friday that Kiev is still considering joining the customs union between Russia, Kazakhstan and Belarus. Ukrainian Prime Minister Mykola Azarov said Friday that Kiev is still considering joining the customs union between Russia, Kazakhstan and Belarus, Interfax...
As Ukraine Shivers, Efficiency Is Eyed as Way Out
Ukraine, struggling to pay rising bills for Russian gas and with some areas suffering power rationing due to the severe cold, could halve its gas use by using it more efficiently. KIEV — Ukraine, struggling to pay rising bills for Russian gas and with some areas suffering power rationing due to the severe cold, could halve its gas use by using it more efficiently, a European Bank for Reconstruction and Development official...
Ukraine Plans More Talks, Less Purchases
... 2009, according to Prime Minister Mykola Azarov. "We'll bring a package of documents to the IMF — we'll show them our offers of how to solve" the domestic gas price issue, Azarov told reporters at the end of last week in the capital, Kiev. Ukraine "will do its best to renew the program." Ukraine agreed on its second IMF loan in two years in 2010, receiving $3.4 billion in two payments before the program was frozen in 2011. To unlock the next tranche, the IMF wants the government...
Ukraine Still Firm On Union
Ukraine's Prime Minister Mykola Azarov reiterated that his country wouldn't join a Russia-led customs union after the two countries failed to review their natural gas agreement and Russia banned imports of some Ukrainian cheese. KIEV — Ukraine's Prime Minister Mykola Azarov reiterated that his country wouldn't join a Russia-led customs union after the two countries failed to review their natural gas agreement and Russia banned imports of some Ukrainian cheese. "Russia...
Ukraine Speech Disrupted
Supporters of jailed Ukrainian opposition leader Yulia Tymoshenko disrupted the start of a new parliamentary season in Kiev on Tuesday, chanting "Freedom for Yulia!" throughout a keynote speech by President Viktor Yanukovych. Deputies belonging to her party leapt to their feet, unfurling a banner bearing Tymoshenko's portrait and began to chant as Yanukovych...
Ukraine Still Mulling Union
Ukrainian Prime Minister Mykola Azarov said Friday that Kiev is still considering joining the customs union between Russia, Kazakhstan and Belarus, Interfax reported. "We are tracking how it's working very closely, and we have practically all the information about what has a positive...
Sarkozy's Son Ill in Ukraine
KIEV — The son of French President Nicolas Sarkozy has been hospitalized with food poisoning in the Black Sea city of Odessa, French and Ukrainian officials said Wednesday. Pierre Sarkozy, a rap producer in his twenties, has been taken to a hospital after...
Gazprom Rejects Possibility of Reducing Ukraine Obligation
... it has suffered significant losses due to the current gas contract with Russia. Ukraine has lost $12 billion to $15 billion since signing the 2009 gas contracts with Russia, Ukrainian presidential chief of staff Serhiy Levochkin told journalists in Kiev on Thursday. “This year we will ‘celebrate’ the three-year anniversary since signing the gas contracts, which were signed in 2009. Since that time, calculating approximate losses incurred by the Ukrainian government — and...
Ukraine Eurobond Sale Readied
... Morgan Stanley among lead managers for its first eurobond sale in a year as the government seeks to bolster its public finances amid higher energy costs. VTB Capital and Troika Dialog will also lead manage the potential sale, the Finance Ministry in Kiev said in a Feb. 3 statement on its website, without providing further details. Ukraine is facing higher prices for natural gas imports from Russia this year and has so far failed to restart disbursements from a $15.6 billion International Monetary...
Tymoshenko's Daughter Says Mother Has Been Tortured
... Yanukovych of orchestrating the charges as political vengeance. The United States and the European Union have sharply criticized Tymoshenko's imprisonment and demanded her release. The EU has refused to sign an important partnership deal with Kiev over the case. The Ukrainian Embassy would not comment on the allegations. 179736
Ukraine Takes Umbrage at Onishchenko
The Ukrainian Foreign Ministry has said that Ukrainian-Russian relations must not depend on people who oversee food product quality control. KIEV — The Ukrainian Foreign Ministry has said Ukrainian-Russian relations must not depend on people who oversee food product quality control. "Russia has a very professional Foreign Ministry, very highly-qualified diplomats, and we believe...
Russian Fans to Fly Free to Ukraine
... for fuel, while the airline would fly fans for free. Repeated calls to both airlines went unanswered Friday. Russia's Euro 2012 campaign kicks off on June 8, when Russia will face the Czech Republic in Wroclaw. The tournament's final will be held in Kiev on July 1. Russian airlines will be barred from paying European Union greenhouse gas emission quotas under draft legislation, Bloomberg reported Friday, citing Vedomosti. Carriers are to be required to pay the EU quotas from 2013, according to the...
Iranian-Belarussian Bank Miffed
... third-biggest profit growth of Belarus's banks last year, central bank data shows, after net income rose eightfold to 21.6 billion Belarussian rubles in the third quarter from 2.6 billion Belarussian rubles a year earlier. The bank has branches in Tehran and Kiev as well as Minsk, according to its website. 179743
Protesters Should Copy U.S. Civil Rights March
... people and by the people. The winning strategy must eschew the violent tactics that some protest leaders have signaled they might deploy — like occupying public squares with tent camps, a tactic proven effective during the Orange Revolution in Kiev in 2004. This would be falling right into the trap set by the Kremlin that has sought to mobilize its supporters to defend Russia against the "orange plague." The Kremlin's strategy is to stoke the hysteria by branding the protesters stooges...
Yanukovych's Website Under Hacker Attack
... of Ukrainian President Viktor Yanukovych and the former Soviet republic's Interior Ministry were put out of action Wednesday as disgruntled Internet users hit back at the government after it shut down a popular file-sharing site. KIEV — The websites of Ukrainian President Viktor Yanukovych and the Interior Ministry were put out of action Wednesday as disgruntled Internet users hit back at the government after it shut down a popular file-sharing site. On Tuesday, Ukrainian...
Yanukovych Defends Tymoshenko’s Conviction
... jailed. But Tymoshenko's jailing is a dilemma for the EU. Some experts believe that the bloc should not be partners with a government that throws opposition leaders in jail. Others say snubbing Ukraine would push it back under Russia's influence as Kiev courts Moscow for cheaper natural gas. Tymoshenko rose to fame during Ukraine's 2004 popular uprising. She became an opposition leader after losing the premiership in 2010. Yanukovych has made membership in the 27-nation EU a top priority, but...