"?> Worldwide News Ukraine – Economy / Business http://wnu-ukraine.com/news/economy-business/ en Cut off by Russian Gazprom, Ukraine Reduces Gas Consumption by Over 17% http://wnu-ukraine.com/news/economy-business/?id=4322 Kyiv, July 17, 2014. The eastern European country of Ukraine, which has been cut off from Russian natural gas supply for a month now, managed to reduce domestic gas consumption in June down to 1.476 billion cubic meters - 17.3 percent decline compared with the previous month, according to the State Statistics Service. Notably, compared to June 2013 numbers, June 2014 gas consumption went down 18.4 percent. Thu, 17 Jul 2014 11:59:57 +0200 The National Wounds the Mistrals Deal Obscures http://wnu-ukraine.com/news/economy-business/?id=4312 Kyiv, July 11, 2014. France’s selling warships to Russia – the first arms deal between a NATO member state and Russia – has alarmed Ukraine and its supporters. Ukraine has seen Russia seize Crimea and escalate violence in eastern Ukraine. Russian president Vladimir Putin has not hidden his intention to “do whatever he wants” with the ships, according to The Guardian. Fri, 11 Jul 2014 16:40:58 +0200 Escaped Former Ukrainian MP Shepelev Put on Interpol’s Wanted List http://wnu-ukraine.com/news/economy-business/?id=4307 Kyiv, July 9, 2014. Ukraine placed former MP Oleksandr Shepelev, who recently escaped from custody, on the international wanted list. This was announced by the Head of National Central Bureau Kyiv, Interpol Ukraine, Vasyl Nevolia. On July 6, Oleksandr Shepelev fled Kyiv city hospital, where he was previously transferred to from prison due to allegedly deteriorating health. Wed, 09 Jul 2014 16:35:10 +0200 Ukraine Increases Gas Supply from Hungary Threefold http://wnu-ukraine.com/news/economy-business/?id=4303 Kyiv, July 8, 2014. Ukraine increased reverse supply of natural gas from Hungary threefold: up to 5.2 million cubic meters per day, which is 3.5 million cubic meters more compared to July 3 volumes. This was reported by Hungarian gas transporting system operator FGSZ Ltd, as reads wwc.un.ua. Tue, 08 Jul 2014 16:53:41 +0200 Ukraine’s Helicopter Engine Producer Looks West for an Alternative to Russian Market http://wnu-ukraine.com/news/economy-business/?id=4280 Kyiv, June 16, 2014. According to experts, Ukrainian military companies must turn to new markets in the West or elsewhere, or face possible financial trouble or collapse in the face of new regulations limiting the sale of military-related products to Russia. Motor Sich, the Zaporizhia-based aero-engine producer and billion dollar company, is looking to expand its market in Poland following the crisis over Russia’s annexation of Ukraine's Crimean peninsula. Motor Sich and PZL Swidnik are in the midst of negotiations on joint cooperation and the modernization of PZL Swidnik’s production. Mon, 16 Jun 2014 09:16:41 +0200 Russia Scores Contracts with Major Corporations Despite Western Sanctions http://wnu-ukraine.com/news/economy-business/?id=4278 Kyiv, June 12, 2014. Russia continues to maintain strong business relations with Western corporations, particularly in the energy field. Following Russia’s seizure of Crimea in March, the European Union, the United States, and other states have largely avoided broader-based sanctions that might more effectively limit Russia’s ability to conclude business deals with the West. Instead, Western sanctions have targeted individuals in the political and economic arenas who are perceived to be part of or close to Putin’s inner circle, and seem to be powerful enablers of his regime. Thu, 12 Jun 2014 16:55:09 +0200 Ukraine Files USD 85 Billion Lawsuit Against Russia http://wnu-ukraine.com/news/economy-business/?id=4273 Kyiv, June 6, 2014. Ukraine is in the process of filing a lawsuit against the Russian Federation in the amount of one trillion Hryvnia (approximately USD 84.7 billion) for the recent annexation of Crimea, said Ukraine’s Acting Prime Minister Arseniy Yatsenyuk during his address to the Verkhovna Rada (Ukrainian Parliament - Ed.). Over the past month, Ukraine has already filed lawsuits against Russia over violations of the rights of Ukrainian citizens in Crimea by the Russian Federation and its military. Fri, 06 Jun 2014 12:04:36 +0200 Ukraine Prepares to Challenge Russian Gazprom in International Arbitration Court http://wnu-ukraine.com/news/economy-business/?id=4269 Kyiv, May 30, 2014. Despite the Ukrainian government being prepared to pay its bills for Russian gas, the Eastern European country has anticipated that the Russian Federation would further escalate the energy conflict and that it may eventually stall gas supplies to Ukraine. Prime Minister Arseniy Yatseniuk has provided evidence of Russia stealing gas and infrastructure objects from Ukraine. While the country strives for tripartite gas negotiations with Russia (with the EU as mediator), the Ukrainian Prime Minister stated that Ukraine and the EU would either succeed in the talks, or resort to the Stockholm Arbitration Court. Fri, 30 May 2014 09:30:23 +0200 Ukraine Intensifies Gas Imports from Hungary http://wnu-ukraine.com/news/economy-business/?id=4248 Kyiv, May 21, 2014. Ukraine increased daily imports of natural gas from Hungary by over 100 times, as reported Hungarian gas transmission system operator FGSZ Ltd. Earlier, the average daily deliveries of gas amounted to 22.5 thousand cubic meters, today, however, Hungarian operator received application from Ukraine for the supply of 2.46 million cubic meters of gas. At the same time, this volume is far from reaching the maximum technical capability of importing 16 million cubic meters of natural gas per day, reads economics.unian.net. Wed, 21 May 2014 15:22:46 +0200 Ukraine, EU Sign Agreement on EUR 1.6 Bln Assistance for Ukraine http://wnu-ukraine.com/news/economy-business/?id=4230 Kyiv, May 14, 2014. Members of the European Commission and the Ukrainian government, headed by President Barroso and Prime Minister Yatseniuk respectively, met in Brussels on May 13, where the European Commission reaffirmed EU's strong commitment to Ukraine's unity, sovereignty, independence and territorial integrity. Together with signing other bilateral agreements, the parties advanced the implementation of the Macro-Financial Assistance program for Ukraine with signing the Memorandum of Understanding by the Ukrainian Minister of Finance. The Memorandum of Understanding is currently pending ratification in the Verkhovna Rada of Ukraine. Wed, 14 May 2014 13:43:58 +0200 IMF Approves USD 17 Bln Loan to Support Ukraine http://wnu-ukraine.com/news/economy-business/?id=4216 Kyiv, May 8, 2014. IMF Executive Board approved USD 17.01 billion loan for the economic reform program in Ukraine. Jerome Vacher, IMF Resident Representative in Ukraine, stated that the fund was satisfied with its cooperation with the Ukrainian government and would continue to support it. This was stated at Vacher’s press briefing at the Ukrainian Crisis Media Center. He also talked about IMF’s support program in detail and key reforms to be done in Ukraine. Thu, 08 May 2014 11:43:46 +0200 Ukraine’s Attorney General: Ex-President Yanukovych Suspected of Laundering USD 100 Billion from State Budget http://wnu-ukraine.com/news/economy-business/?id=4207 Kyiv, May 6, 2014. Nearly USD 100 billion of Ukraine’s state budget was embezzled in the three years that Viktor Yanukovych was president, according to Ukraine’s interim attorney general Oleh Makhnitskyi, who released this information at the Ukraine Forum on Asset Recovery held in London. Currently, a special commission of Ukrainian and foreign experts is investigating 50 enterprises, banks and separate individuals indicted for money laundering. Tue, 06 May 2014 08:57:12 +0200 European Commission Signs New Loan Program for Ukraine http://wnu-ukraine.com/news/economy-business/?id=4202 Kyiv, April 30, 2014. European Commission Vice-President Siim Kallas signed the Memorandum of Understanding concerning the new loan program for Ukraine. The new program provisions Macro-Financial Assistance (MFA) for the Eastern European country in the amount of EUR 1 billion. The Memorandum was previously approved by the EU Council of Ministers on April 14. Wed, 30 Apr 2014 14:15:43 +0200 Ukraine, Slovakia Strike Reverse Gas Supply Deal http://wnu-ukraine.com/news/economy-business/?id=4193 Kyiv, April 28, 2014. Today Ukraine and Slovakia reached an agreement on the reverse gas supply. This was stated by the Minister of Economy of Slovakia Tomas Malatinsky, as reported Deutsche Welle. The gas will be supplied to Ukraine though the Voyany-Uzhgorod pipeline. Mon, 28 Apr 2014 15:43:45 +0200 American TransGas to Produce Motor Fuel in Ukraine http://wnu-ukraine.com/news/economy-business/?id=4183 Kyiv, April 23, 2014.TransGas Development Systems of the U.S. announced their plans to construct three plants in Ukraine. The plants would be using coal for producing motor fuel, reads Business newspaper. According to the company’s founder and President Adam Victor, the total worth of the project would reach USD 10 billion. Wed, 23 Apr 2014 12:58:46 +0200 First Hilton Hotel Opens Its Doors in Ukraine http://wnu-ukraine.com/news/economy-business/?id=4135 Kyiv, March 31, 2014. Largest international hotel chains continue opening up new properties in Ukraine, some of them – expanding their presence, while others enter the Eastern European country’s hospitality market for the first time. Thus, on March 27, international hotel chain Hilton Hotels&Resorts announced the opening of the first Hilton hotel in Ukraine. The new hotel is situated in the H-tower building in downtown Kyiv, within walking distance to some of the major attractions in Ukraine’s capital: Shevchenko Boulevard and the Kyiv University Botanical Garden. Mon, 31 Mar 2014 18:48:07 +0200 Reuters: Russia Bullies States into Voting Against UN’s Crimea Resolution http://wnu-ukraine.com/news/economy-business/?id=4134 Kyiv, March 29, 2014. Reuters published an exclusive material on Russia’s threatening a number of countries prior to the UN vote on Ukraine-Russia crisis. Based on the testimonies of a number of UN diplomats, who prefered to remain anonymous, Reuters reported that Moscow applied pressure to Eastern European Moldova, as well as to Central Asian Kyrgyzstan and Tajikistan, and a number of African countries. The Russian Federation (RF) threatened the states with “retaliation” in case they supported the UN General Assembly non-binding resolution declaring the Crimea referendum invalid, the envoys told the reputable international news agency. Sat, 29 Mar 2014 15:03:03 +0200 Neutron Source Facility in Kharkiv Is Completed http://wnu-ukraine.com/news/economy-business/?id=4121 Kyiv, March 27, 2014. This month the construction of the Neutron Source Facility was completed in the eastern Ukrainian city of Kharkiv. The facility is equipped with the most up-to-date technology and will operate in accordance with the highest safety standards. It will provide Ukraine with new research potential and the ability to produce industrial and medical isotopes. This was announced in a joint statement by the U.S. and Ukraine at the occasion of the third Nuclear Security Summit in the Hague (NSS). Thu, 27 Mar 2014 14:09:24 +0200 Russian Seizure of Crimea Undermines Global Nuclear Security – UN Secretary-General http://wnu-ukraine.com/news/economy-business/?id=4119 Kyiv, March 25, 2014. Russia’s military actions in Ukraine have undermined the reliability of the Budapest Memorandum, stated UN Secretary-General Ban Ki-moon at today's Nuclear Security Summit in the Hague (NSS 2014). The memorandum and the guarantees it provides are key tools for global cooperation on nuclear security and non-proliferation. Tue, 25 Mar 2014 10:05:45 +0200 Ukraine Signs Association Agreement with the European Union http://wnu-ukraine.com/news/economy-business/?id=4107 Kyiv, March 22, 2014. Ukraine and the European Union signed an Association Agreement aimed at forging closer economic ties between the two partners. Signing of the Agreement de facto demonstrates Ukraine’s decision to follow a European path, further distancing itself from the Kremlin-led Customs Union. Sat, 22 Mar 2014 11:21:59 +0200 Three Reasons that May Explain Putin’s Military Intervention in Crimea http://wnu-ukraine.com/news/economy-business/?id=4101 Kyiv, March 18, 2014. For the past several years, growing dissatisfaction of the Russian population with authorities, increased nationalist sentiment and a negative attitude among modern Russian ideologists toward the Russian government in general and to Putin in particular as well as an anticipated large-scale economic crisis have put the existence of Putin’s regime at risk. Therefore, the ‘Crimean campaign’ may have been devised to divert attention from the domestic situation and to ease tensions inside Russia. A possible explanation for Russia’s invasion of Crimea resembles a proverb – “the best defense is a strong offense.” Tue, 18 Mar 2014 12:57:04 +0200 Is Russia Tough Enough to Handle World Sanctions? http://wnu-ukraine.com/news/economy-business/?id=4084 Kyiv, March 16, 2014. The world’s leading economies stand on the brink of applying harsh political and economic sanctions against Russia as the latter continues its military occupation of Ukrainian Crimea. Having launched a not so covert military invasion of Ukraine, Russia may have triggered certain processes which may sooner or later lead to the collapse of the Russian economy. Numerous nations, including the U.S. and the EU, have called upon Russia to comply with international treaties, respect the sovereignty of Ukraine, withdraw its troops from Crimea and start negotiations. All to no avail. Sun, 16 Mar 2014 16:39:17 +0200 Russian Aggression in Ukraine Has Its Price; Too High to Pay? http://wnu-ukraine.com/news/economy-business/?id=4070 Kyiv, March 13, 2014. In late 2013 experts predicted that Russian economy would suffer shortcomings due to gas and oil prices reduction, outflow of capital, deep financial system crisis, and unreasonably high costs for hosting the Olympics, reads finance.obozrevatel.com. Therefore, it was expected that Russia should have had a “calm” spring, to catch its breath, however, the country’s leader Putin decided otherwise. Russian president de facto declared war on Ukraine and on his own country’s economy. Thu, 13 Mar 2014 18:02:12 +0200 Visegrad Four Puts Reverse Gas Supply from Europe to Ukraine Back on the Table http://wnu-ukraine.com/news/economy-business/?id=4047 Kyiv, February 27, 2014. The Visegrad Four (V4 Group: Czech Republic, Hungary, Poland and Slovakia) expressed readiness to resume the project which involves the reverse supply of natural gas from Europe to Ukraine. Such was a joint statement issued by the Ministers of Foreign Affairs of the V4 Group during their meeting in Budapest, as reported by ITAR TASS... Thu, 27 Feb 2014 16:41:26 +0200 Europe’s Ready to Extend Financial Support to Ukraine http://wnu-ukraine.com/news/economy-business/?id=4031 Kyiv, February 25, 2014. EU has offered to immediately provide financial aid to Ukraine in the amount of about EUR 20 billion. Such statement was released by the Chairman of the European Parliament's Foreign Affairs Committee Elmar Brok MEP when he visited Kyiv over the weekend. Tue, 25 Feb 2014 00:32:41 +0200 Ukraine Makes USD 6 Billion on Grains Export http://wnu-ukraine.com/news/economy-business/?id=3980 Kyiv, February 7, 2014. The Ministry of Revenue and Duties of Ukraine estimated Ukraine’s grain exports in 2013 to bring USD 6.4 billion to state budget. Corn and wheat dominated the national export market occupying 89 percent of the market share, while soybeans, barley and grains of other kind shared 11 percent of Ukraine’s total grain export. Compared to the previous year grain export in 2013 increased by 5.8 percent and was estimated to reach 22.85 million tons. Fri, 07 Feb 2014 17:08:03 +0200 Kyiv Attracts Largest International Hotel Chains http://wnu-ukraine.com/news/economy-business/?id=3965 Kyiv, February 5, 2014. Ukrainian Kyiv continues to develop its hospitality market as largest international hotel chains continue opening up new properties. Such statement was made during the recent interview with Jean Baptiste Pigeon, General Manager of InterContinental hotel in Kyiv, as reported by Korrespondent. Wed, 05 Feb 2014 23:27:00 +0200 Ukraine Evinces Breakthrough in Doing Business Rating http://wnu-ukraine.com/news/economy-business/?id=3945 Kyiv, February 1, 2014. With the significant breakthrough in dealing with construction permits and registering property, the analysts of the World Bank placed Ukraine on the 112th spot in the Doing Business 2014 rating. In 2013, the grading embraced comprehensive comparative analysis of 189 world’s economies. Overall, Ukraine has made reforms in eight areas and improved its rating in six out of ten areas of business regulation. Sat, 01 Feb 2014 12:35:02 +0200 Ukraine Among Key Partners of Europe’s Major Scientific Innovation Program http://wnu-ukraine.com/news/economy-business/?id=3921 Kyiv, January 29, 2014. Ukraine has been identified as one of 11 key strategic partners and the only country in Eastern Europe to join the EU scientific and innovation program Horizon 2020. Such statement was made by the international relations officer at the EU Directorate for Research and Innovation Thierry Dewars during the media briefing. Wed, 29 Jan 2014 15:05:11 +0200 Ukrainian Government, Slovakia Sign Reverse Gas Supplies Agreement http://wnu-ukraine.com/news/economy-business/?id=3850 Kyiv, January 15, 2014. Ukraine’s Cabinet of Ministers signed the agreement with Slovakia on reversing natural gas supplies, reported the Minister of Energy and Coal Industry of Ukraine Eduard Stavytskyi, reads rbc.ua. The document signed by Ukrainian party has already been forwarded to Slovakia. In December 2013 Stavytskyi stated that the agreement would be signed before the end of the year. Wed, 15 Jan 2014 13:38:29 +0200 European Reverse Gas Supplies Secure Ukraine’s Competitiveness http://wnu-ukraine.com/news/economy-business/?id=3828 Kyiv, January 10, 2014. Brussels took note of Kyiv’s recent decision to buy solely Russian gas; at the same time EU officials pointed out that reverse flow of European gas provided competition for gas supplies in Ukraine. Brussels also reminded that reverse supplies ensured Ukraine’s energy security. Fri, 10 Jan 2014 13:04:29 +0200 Ukraine Heads Commonwealth of Independent States http://wnu-ukraine.com/news/economy-business/?id=3804 Kyiv, January 6, 2014. Ukraine obtains governing role in the Commonwealth of Independent States starting January 1, 2014. CIS Council called for 2014 to be devoted to tourism. Throughout 2014, Ukraine, together with all CIS Member States will enable a number of treaties, aimed on reducing the bottlenecks and working out the frameworks for efficient and beneficial for all free trade and mobility relations. Mon, 06 Jan 2014 16:07:28 +0200 Ukraine Boasts Achievements in the Energy, Infrastructure, Agricultural and Social Sectors in 2013 http://wnu-ukraine.com/news/economy-business/?id=3792 Kyiv, December 27, 2013. Breakthroughs in energy, infrastructure, economy, social and agricultural sectors as well as creation of favorable opportunities for starting business were Ukraine’s greatest accomplishments in 2013. Such statement was released by Prime Minister Azarov at the last planetary session of the Cabinet of Ministers of Ukraine, taking place on December 25, 2013. Fri, 27 Dec 2013 14:42:35 +0200 Ukraine’s Enhanced Hydropower Station Spearheads European Pumped Storage Power Facilities http://wnu-ukraine.com/news/economy-business/?id=3787 Kyiv, December 25, 2013. Ukraine just launched the second hydroelectric generator at the Dniester Pumped Storage Power Station aiming to become one of the most powerful hydro accumulation power plant in Europe and sixth largest in the world. Wed, 25 Dec 2013 18:15:17 +0200 Ukraine, Russia Enhance Economic Cooperation http://wnu-ukraine.com/news/economy-business/?id=3783 Kyiv, December 24, 2013. Ukraine and Russia have agreed to deepen cooperation in the aviation, shipbuilding, space and infrastructure industry. Tue, 24 Dec 2013 12:31:10 +0200 Under Common Sky: Ukraine, EU Sign Aviation Treaty http://wnu-ukraine.com/news/economy-business/?id=3727 Kyiv, December 12, 2013. Signed at the Eastern Partnership Summit in Vilnius on November 28-29, 2013 the Common Aviation Area treaty will break the aviation borders, securing constant aviation flow between Ukraine and the European Union. Thu, 12 Dec 2013 17:23:14 +0200 China and Ukraine Enhance Cooperation in Aviation Industry http://wnu-ukraine.com/news/economy-business/?id=3711 Friday, December 6, 2013. Ukraine and China signed a memorandum of cooperation in the area of design and production of aviation engines and components. Fri, 06 Dec 2013 23:43:43 +0200 Ukraine, China Sign Agricultural Export Treaty http://wnu-ukraine.com/news/economy-business/?id=3710 Kyiv, December 6, 2013. Barley and soybean will become main agricultural products, imported from Ukraine to the Chinese market as an outcome of Ukrainian president’s visit to China on December 3-6, 2013. The signed treaty will be implemented starting 2014 and will benefit the economies of both parties. Fri, 06 Dec 2013 17:30:35 +0200 Ukraine Escalates 5 Positions in Forbes Business Rating http://wnu-ukraine.com/news/economy-business/?id=3708 Kyiv, December 6, 2013. Ukraine moved up five positions in the Best Countries for Business 2013 list, put together annually by Forbes. This year the country was placed as number 99 out of 145 countries. At the same time Ireland is on top, while New Zealand slid one point down and now ranks as number two. Hong Kong ranked third overall for the second year in a row. Fri, 06 Dec 2013 14:27:01 +0200 Ukraine’s Solar Energy Sector Remains Most Attractive in Eurasia – Canadian Experts http://wnu-ukraine.com/news/economy-business/?id=3707 Kyiv, December 5, 2013. Ukrainian Solar Energy is very lucrative opportunity from the business standpoint in Eurasia region, report the analysts of the Canadian company Energici Holdings. Thu, 05 Dec 2013 17:29:11 +0200 President Yanukovych’s Move Lowered Ukraine’s Risk of Default – Bloomberg http://wnu-ukraine.com/news/economy-business/?id=3671 Kyiv, November 27, 2013. Ukraine’s financial risks have been considerably reduced due to the stalled Association Agreement talks with the EU.S.ch was the analysis released by Bloomberg (agency) on November 25, 2013. Wed, 27 Nov 2013 11:17:28 +0200 Ukraine Government – EU Continue Regional Cooperation http://wnu-ukraine.com/news/economy-business/?id=3669 Kyiv, November 26, 2013. Ukraine’s Cabinet of Ministers will continue cooperating with the EU at the regional scope. This was stated by the First Deputy Minister of Economic Development and Trade of Ukraine, Anatoliy Maksyuta, at the Regional Development and Public Policy Forum in Kyiv. Tue, 26 Nov 2013 16:21:01 +0200 Ukraine Remains Top 10 Steel Producer in the World http://wnu-ukraine.com/news/economy-business/?id=3659 Kyiv, November 22, 2013. By October 2013, Ukrainian steelmakers increased steel production by 1.2 percent up to 2.628 million tons compared to the same month last year while retaining the 10th place on the list of the world’s largest steel manufacturers, reports the World Steel Association. Fri, 22 Nov 2013 16:22:07 +0200 Ukraine Outpaces 19 EU States in Youth Employment http://wnu-ukraine.com/news/economy-business/?id=3656 Kyiv, November 21, 2013. The Eastern European state of Ukraine ranks number ten in Europe by the youth employment rate. Ukraine is a runner-up to Sweden and Estonia, while it is ahead of other 19 EU member-states. This was stated by the Minister of Social Policy of Ukraine, Natalia Korolevska, at the parliamentary hearings at Verkhovna Rada. Thu, 21 Nov 2013 16:55:04 +0200 79% of Ukrainian Businesses Take Advantage of Broadband Internet Access – Google & GfK http://wnu-ukraine.com/news/economy-business/?id=3629 Kyiv, November 14, 2013. Internet gives exceptional marketing and communication opportunities for businesses, reckons global IT giant Google policy analyst William Fitzgerald. Ukrainian branch of the company cooperated with market research company GfK Ukraine to explore the influence of Internet on the Ukrainian economy. They concluded that Ukrainian businesses more reliant on the Internet, on average, suffered from the 2012 economic decline 6.6 percent less, compared to their less connected peers. Thu, 14 Nov 2013 15:14:46 +0200 Ukraine’s Agribusiness Attracts Foreign Investors http://wnu-ukraine.com/news/economy-business/?id=3617 Kyiv, November 8, 2013. Ukrainian agricultural sector and projects aimed at producing eco-products continues to attract foreign investors. Such conclusion was drawn by the experts and participants of the II international investment road-show Invest in Ukraine 2013 which took place in London, United Kingdom. Fri, 08 Nov 2013 00:53:27 +0200 Ukraine Fights Corruption and Improves Business Environment - President Yanukovych http://wnu-ukraine.com/news/economy-business/?id=3610 Kyiv, November 7, 2013. Ukrainian government is set to continue conducting strict anti-corruption policy, protect investors and create comfortable conditions for business development. Thu, 07 Nov 2013 15:28:19 +0200 Ukraine-Chevron Sign Hydrocarbons Sharing Agreement http://wnu-ukraine.com/news/economy-business/?id=3599 Kyiv, November 5, 2013. Ukrainian government signed shale gas production-sharing agreement (PSA) with Chevron of the U.S. and Ukraine’s state owned Nadra Oleska. The PSA stipulates the distribution of hydrocarbons to be extracted at Oleske gas field, reports president.gov.ua. Tue, 05 Nov 2013 15:21:11 +0200 Ukraine’s Energy Sector Spikes Interest of Foreign Investors http://wnu-ukraine.com/news/economy-business/?id=3590 Kyiv, October 31, 2013. European energy companies Eni (Italy) and Électricité de France (France) confirmed their readiness to invest in Ukraine during their meeting with the President of Ukraine Viktor Yanukovych. Moreover, Ukraine and Électricité de France signed a memorandum of understanding on cooperation in the areas of gas industry and electricity. Ukraine is aiming to achieve energy independence by increasing its own energy production, stated President Yanukovych during the meeting. Thu, 31 Oct 2013 13:16:31 +0200 Doing Business 2014 Report: Ukraine Is Most Improved Economy This Year http://wnu-ukraine.com/news/economy-business/?id=3584 Kyiv, October 29, 2013. The World Bank and the IFC experts have acknowledged tremendous progress of Ukraine in simplifying conditions for doing business. Having leaped 25 positions since last year, the country is ranked 112 among 189 economies in the Doing Business 2014 report. Tue, 29 Oct 2013 15:46:22 +0200 Ukrainian Bank Presents First Ever Proximity ATM http://wnu-ukraine.com/news/economy-business/?id=3579 Kyiv, October 28, 2013. Ukrainian bank PrivatBank presented the first ever proximity ATM at the Moscow conference Money of the Future. The revolutionary device will allow withdrawing cash from a bank account using a phone instead of increasingly vulnerable to fraud regular ATM. The new ATM operates on Android OS and is cheaper than regular machines. Mon, 28 Oct 2013 13:43:53 +0200 Crimea to Feature Largest Wind Power Station in Eastern Europe http://wnu-ukraine.com/news/economy-business/?id=3574 Kyiv, October 25, 2013. Ukraine will soon house one of the largest wind power plants in Eastern Europe. Such statement was made by the Deputy Chairman of the Council of Ministers of Crimea Rustam Temirhaliyev during the wind farm project presentation at the IV International Black Sea Economic Forum. This project is jointly funded by investors from Turkey and Belgium, reported Ukrinform. Fri, 25 Oct 2013 21:22:54 +0200 US Ambassador: Association with EU Will Stimulate Ukraine’s Economy http://wnu-ukraine.com/news/economy-business/?id=3572 Kyiv, October 24, 2013. U.S. supports Ukraine's European aspirations and expects that the Association Agreement (AA) and establishing the free trade area with the EU will provide a significant impetus to the development of Ukraine’s economy and attract investments. Such statement was released by the U.S. Ambassador to Ukraine Geoffrey Pyatt, as reported by Unian. Thu, 24 Oct 2013 19:09:10 +0200 Ukraine Shows Progress in Preparation for EuroBasket 2015 http://wnu-ukraine.com/news/economy-business/?id=3565 Kyiv, October 23, 2013. The Ukrainian Basketball Federation (UBF) finalized negotiations and signed the agreement with United Basketball Investments (UBI) which undertook the obligation to put four out of six EuroBasket 2015 venues in Ukraine into operation by the second quarter of 2015. Wed, 23 Oct 2013 15:43:26 +0200 Ukrainian Gas Pipe – Among EU’s Key Energy Infrastructure Projects http://wnu-ukraine.com/news/economy-business/?id=3537 Kyiv, October 15, 2013. A project involving Ukrainian gas transport system has made it to the list of 250 key energy infrastructure projects, adopted by the European Commission on October 14, 2013. The projects will receive funding of EUR 5.85 billion during 2014-2020. Financing these energy infrastructure projects would create most benefits to European consumers, according to EU Energy Commissioner Günther Oettinger. Tue, 15 Oct 2013 14:13:24 +0200 EU Commissioner: Ukraine’s GDP Will Increase 6 percent After Signing Association Agreement http://wnu-ukraine.com/news/economy-business/?id=3536 Kyiv, October 14, 2013. Once the free trade regime between the EU and Ukraine is fully introduced the GDP of the latter is bound to increase by more than six percent annually. Such statement was made by the European Commissioner for Enlargement and European Neighborhood Policy Štefan Füle during the roundtable discussion in the Ukrainian parliament. Mon, 14 Oct 2013 16:28:23 +0200 Austrian Ambassador: Ukraine’s Competitive Advantage - Workforce, Infrastructure, Land http://wnu-ukraine.com/news/economy-business/?id=3529 Kyiv, October 9, 2013. Possessing highly skilled workforce, transport infrastructure and fertile land, Ukraine can compete in the European market. Thu, 10 Oct 2013 12:50:40 +0200 EU Ratifies Satellite Navigation System Agreement With Ukraine http://wnu-ukraine.com/news/economy-business/?id=3519 Kyiv, October 8, 2013. The European Parliament has ratified the Cooperation Agreement on a civil Global Navigation Satellite System (GNSS) between the European Community and its Member States and Ukraine. The cooperation, stipulated by the agreement, involves scientific and industrial cooperation, trade and market development in the field, GNSS security, information exchange, and coordinating standards, as well as development of global and regional GNSS ground augmentation systems. Tue, 08 Oct 2013 16:00:54 +0200 Europe’s Largest Predicted Emerging Markets in Photovoltaics: Holland and Ukraine http://wnu-ukraine.com/news/economy-business/?id=3505 Kyiv, October 1, 2013. Decrease in cost and supportive government policies will contribute to the dramatic growth of installed photovoltaic capacity by 2017 in such emerging photovoltaics markets as Thailand (forecast 2.9 GW to be installed within the next four years), Turkey (2.8 GW), South Korea (2.6 GW), as well as Ukraine, Chile, and the Netherlands (2.2 GW each by 2017), reports PV Tech. The overall installed photovoltaic capacity will increase from 3.9 to 10.9 GW, predict the IHS experts. Tue, 01 Oct 2013 14:48:05 +0200 Ukraine Will Face Economic Growth After Signing Association Agreement – Swedish Economic Expert http://wnu-ukraine.com/news/economy-business/?id=3495 Kyiv, September 30, 2013. Ukraine should expect economic recovery, as it was in Poland, after the signing of the Association Agreement and free trade area agreement with the EU. Mon, 30 Sep 2013 15:46:55 +0200 Ukraine Signs Treaty With Leading Oil and Gas Exploration Companies http://wnu-ukraine.com/news/economy-business/?id=3485 Kyiv, September 26, 2013. Ukraine has concluded the treaty on signing the hydrocarbon sharing agreement within Skifske field. Thu, 26 Sep 2013 13:18:25 +0200 Ukraine Helps US Launch New Spaceship http://wnu-ukraine.com/news/economy-business/?id=3478 Kyiv, September 25, 2013. Ukrainian rocket scientists helped U.S. launch a spaceship to deliver the cargo to the International Space Station (ISS). Wed, 25 Sep 2013 10:20:03 +0200 Ukraine Is Largest Wheat Supplier to South Africa http://wnu-ukraine.com/news/economy-business/?id=3460 Kyiv, September 18, 2013. In the current season, Ukraine has become the main wheat supplier to the Republic of South Africa, reports Bloomberg. Ukraine provided 23 percent of the country’s wheat import, which exceeded 1.2 million tons. Ukraine delivered to South Africa the most wheat in the week through September 13, 2013 – more than 53 thousand tons. This is the largest wheat import for South Africa since the week through March 29, 2013, when the country imported more than 56 thousand tons of the cereal from Brazil. Wed, 18 Sep 2013 16:26:23 +0200 Multinational Oil and Gas Company Sanctioned to Start Operations in Ukraine http://wnu-ukraine.com/news/economy-business/?id=3443 Kyiv, September 13, 2013. Royal Dutch Shell signed an agreement with the Ukrainian government, which gives green light to the company’s operation in Yuzivske gas field. The document was signed within the framework of the 2012 Agreement on distribution of hydrocarbons extracted from the Yuzivske field. Notably, along with conventional natural gas, the company plans to extract both shale gas, and tight gas. Fri, 13 Sep 2013 13:30:41 +0200 Ukrainian Naftogaz and RWE Sign New Agreement http://wnu-ukraine.com/news/economy-business/?id=3433 Kyiv, September 11, 2013. A new agreement between German electric utilities company RWE and Ukrainian state oil and gas managing company Naftogaz has been signed on September 5, 2013, informed Eduard Stavytskyi, Minister of Energy and Coal Industry of Ukraine, as quoted by rbc.ua. The newly signed document regulates both gas supply to Ukraine and gas storage in the Ukrainian underground facilities, reports Unian. Wed, 11 Sep 2013 15:44:54 +0200 Ukraine Welcomes 24,000 Hasids for Traditional Holiday http://wnu-ukraine.com/news/economy-business/?id=3413 Kyiv, September 4, 2013. More than 24,000 hasids - members of Orthodox Judaism movement - arrived to the central Ukrainian town of Uman for the celebration of the 5,774th Jewish New Year Rosh Hashanah (September 4-5, 2013). About 30,000 pilgrims from 24 countries are expected to make Uman to kneel at the grave of the founder of the Breslov Hasidic movement Nachman of Breslov. Wed, 04 Sep 2013 16:21:39 +0200 IT Brings Promising Perspectives For Ukrainian Economy http://wnu-ukraine.com/news/economy-business/?id=3385 Kyiv, August 26, 2013. Ukraine remains one of the most important IT outsourcing destination countries in Eastern Europe. Mon, 26 Aug 2013 18:08:33 +0200 Ukrainian World Congress: European Integration – Key to Ukraine’s Independence http://wnu-ukraine.com/news/economy-business/?id=3384 Kyiv, August 23, 2013. Ukraine’s immediate integration into Europe is essential for promoting equal relations and independence. This year is very critical in terms of determining whether Ukraine goes forward toward Europe or back to the Soviet times. Fri, 23 Aug 2013 16:47:22 +0200 Ukraine Expands Sources of Reverse Gas Supply - Energy Minister http://wnu-ukraine.com/news/economy-business/?id=3373 Kyiv, August 21, 2013. Ukraine continues to diversify the sources of gas import by expanding the routes of reverse supply of gas, said Minister of Energy and Coal Industry of Ukraine Eduard Stavytskyi. Soon, he said, Ukrainian government will open two more reverse gas supply routes through Romania and Slovakia. Wed, 21 Aug 2013 15:15:21 +0200 FSI: Ukraine – Most Stable Post-Soviet Country http://wnu-ukraine.com/news/economy-business/?id=3369 Kyiv, August 20, 2013. Ukraine was recognized the most stable country among almost all of the post-Soviet states, excluding Lithuania, Estonia and Latvia, who are now members of the EU. American Fund for Peace’s stability rating – The Failed States Index 2013 – includes 178 countries with Ukraine being number 117 (the higher the number – the better; from red to green). According to the index, the situation in Ukraine is much better than in Russia, Belarus, Georgia, Kazakhstan, Armenia, Moldova, Turkmenistan or any other country of the former USSR. Tue, 20 Aug 2013 15:06:10 +0200 Ukrainian Helicopter Pilots Set World Record http://wnu-ukraine.com/news/economy-business/?id=3361 Kyiv, August 16, 2013. Ukrainian pilots set a world record for helicopters with lifting capacity of up to 10 tons (22,046 lb) by breaking the 9,150 meters (over 30,000 feet) altitude barrier on the Mi-8MSB helicopter. Fri, 16 Aug 2013 14:15:07 +0200 Ukraine Cuts Gas Imports by 35% http://wnu-ukraine.com/news/economy-business/?id=3355 Kyiv, August 15, 2013. In January – June 2013 Ukraine managed to reduce its gas import by more than 35 percent compared to the same period in 2012, according to the State Statistics Service. In the first six month of 2013 Ukraine has imported 10,296 billion cubic meters of gas at a price tag of USD 4.334 billion. Notably, most of the Eastern European country’s gas import still comes from Russia. Thu, 15 Aug 2013 14:59:10 +0200 U.S. Will Help Ukraine Increase Energy Independence http://wnu-ukraine.com/news/economy-business/?id=3335 Kyiv, August 13, 2013. Supporting Ukraine’s aspirations to achieve greater energy independence remains one of the major priorities of the newly appointed U.S. Ambassador to Ukraine Geoffrey R. Pyatt. Tue, 13 Aug 2013 12:29:26 +0200 INTERVIEW: Insider’s View Into Doing Business in Ukraine http://wnu-ukraine.com/news/economy-business/?id=3311 Over 2012, Ukraine made it easier to start business in the country, introduced tax relief measures, and improved property registration procedures, according to the World Bank’s Doing Business 2013 report. We met up with TMF Group’s managing director in Ukraine Pavlo Boyko to talk about applied aspects of doing business in Ukraine and actual experiences foreign investors have in the Eastern European country. Tue, 13 Aug 2013 08:58:57 +0200 Ukraine Produces World’s Greatest Amount of Honey Per Capita http://wnu-ukraine.com/news/economy-business/?id=3326 Kyiv, August 8, 2013. In 2012, Ukraine produced more than 70,000 tons of honey, becoming one of the world’s largest honey producers. Per capita honey production in Ukraine reached 1.5 kg, which is the best result in the world, according to AgriEvent. In 2012, Ukraine exported 13,000 tons of the product and forecast for 2013 is around 20,000 tons. Thu, 08 Aug 2013 16:10:40 +0200 IGC Improves Corn Export Forecast for Ukraine http://wnu-ukraine.com/news/economy-business/?id=3316 Kyiv, August 7, 2013. One of the world’s largest corn exporters Ukraine is likely to export 15.5 million tons of corn in 2013/2014, according to the International Grains Council. The organization improved Ukraine’s forecast by one million as its production prognosis rose from 23 to 24 million tons. Wed, 07 Aug 2013 10:59:39 +0200 Ukrainian Television Show Airs in South Korea http://wnu-ukraine.com/news/economy-business/?id=3304 Kyiv, August 2, 2013. Starting today the production of Ukraine’s National Television Company – How Does It Work? show – will be aired by South Korea’s broadcaster Arirang TV. On the other hand, the feature films aired by the Korean broadcaster will run on Ukraine’s First National TV channel as a part of the Korean Films Week project in September 2013. This decision came as a result of the long term bilateral cooperation, reads kmu.gov.ua. Fri, 02 Aug 2013 16:05:14 +0200 Ukraine’s Banking System Approaches EU Standards – Banking Expert http://wnu-ukraine.com/news/economy-business/?id=3292 Kyiv, July 30, 2013. The system of establishing bank reserves – Basel II, which has been introduced in Ukraine early in 2013, has led the country’s banking system closer to European standards, said the president of the Ukrainian analytical center Financial Technologies Oleksandr Okhrimenko. Tue, 30 Jul 2013 15:17:11 +0200 Ukraine – Appointed Tourism Coordinator for BSEC http://wnu-ukraine.com/news/economy-business/?id=3285 Kyiv, July 29, 2013. Ukraine acquired the status of BSEC Working Group on Tourism coordinator for the two-year term (until June 30, 2015). The respective decision was made at the 28th meeting of the Organization of the Black Sea Economic Cooperation foreign ministers in Odesa, reads kmu.gov.ua. Notably, Ukraine was selected as BSEC tourism coordinator shortly after the end of its term as a chair of the organization. Mon, 29 Jul 2013 10:33:43 +0200 EU Gives Green Light to Ukrainian Poultry Export http://wnu-ukraine.com/news/economy-business/?id=3260 Kyiv, July 18, 2013. Ukrainian producers will be able to export poultry to the European Union starting July 24, 2013. This is the date when the updated list of Ukrainian companies that are eligible to export produce to the EU will enter into force. Thu, 18 Jul 2013 16:18:51 +0200 Ukrainian Programmer Comes Up With Skype and Viber Alternative http://wnu-ukraine.com/news/economy-business/?id=3258 Kyiv, July 17, 2013. The global IT market has been marked with recent development of the new VoIP technology service - Droid Translator. The app has been developed by Ukrainian software engineer Oleksandr Konovalov, founder of TIW (Technology Improves the World) Innovations company. The newly developed product is similar to Skype and Viber, and yet, unlike them, it can automatically translate voice and text messages into 14 mostly used languages. Wed, 17 Jul 2013 01:24:18 +0200 45 Bln Cubic Meters of Gas Production Is Realistic for Ukraine, ExxonMobil http://wnu-ukraine.com/news/economy-business/?id=3239 Kyiv, July 12, 2013. According to the ExxonMobil’s estimation of Ukrainian offshore and continental gas reserves, the country may achieve annual gas production of 45 billion cubic meters by 2020, stated Kevin Biddle, the company’s European exploration director, in his interview with kommersant.ua. He explained interest of ExxonMobil in developing business in Ukraine by its oil, gas, shale gas, and coalbed methane reserves, as well as positive forecast for the extraction price. Fri, 12 Jul 2013 15:10:30 +0200 Ukraine Implements European Regional Development Practices http://wnu-ukraine.com/news/economy-business/?id=3233 Kyiv, July 11, 2013. Ukrainian officials and the Assembly of European Regions (AER) representatives agreed for the European experts to participate in forging the development strategies for Ukrainian regions, informed Oleksandr Vilkul, Vice Prime Minister of Ukraine. With nine regions of Ukraine being the Assembly members, the Eastern European country aims for the totality of its 27 regions to join the AER. Thu, 11 Jul 2013 16:03:52 +0200 World Youth Athletics Championships Make Use of Donetsk Sports Infrastructure http://wnu-ukraine.com/news/economy-business/?id=3228 Kyiv, July 10, 2013. The 8th IAAF World Youth Championships commenced today in the eastern Ukrainian city of Donetsk. Having hosted group matches of the UEFA EURO 2012 football championship, as well as quarter- and semi-final of the games, Donetsk is once again turning into a global sports capital as its regional sports complex Olimpiyskyi plays host to the second major IAAF competition of 2013. Wed, 10 Jul 2013 15:51:41 +0200 Korea Attracted by Large Infrastructure Projects in Ukraine http://wnu-ukraine.com/news/economy-business/?id=3221 Kyiv, July 9, 2013. Ukrainian investment potential has been highlighted by the South Korean Ambassador to Ukraine, Kim Eun-Joong, as reported by the Ministry of Economic Development and Trade of Ukraine. He noted that Korean investors were looking at the largest investment projects in the country’s infrastructure. According to the Ambassador, successful bilateral cooperation between Ukraine and South Korea develops in the areas of space and high technology. Tue, 09 Jul 2013 16:41:06 +0200 Ukraine Increases Solar Power Capacity 50% http://wnu-ukraine.com/news/economy-business/?id=3216 Kyiv, July 8, 2013. Installed capacity of solar power stations in Ukraine reached 494 MW as of July 1, 2013, reports Association of Alternative Fuel and Energy Market Participants of Ukraine (APEU). In January - June 2013, Ukrainian solar power capacity grew by 51.4 percent, according to the APEU. Mon, 08 Jul 2013 15:18:51 +0200 Reverse Gas Supply May Stimulate Adequate Pricing of Russian Import - Ukraine’s Energy Minister http://wnu-ukraine.com/news/economy-business/?id=3210 Kyiv, July 5, 2013. The total annual volume of gas that can be delivered through the reverse supplies from Europe to Ukraine can reach over 30 billion cubic meters. Fri, 05 Jul 2013 16:53:17 +0200 Google Voice Search Launched in Ukrainian http://wnu-ukraine.com/news/economy-business/?id=3203 Kyiv, July 3, 2013. While voice search used to be a fantasy in futuristic movies, the innovators at Google are now making it a reality. Already available in 35 different languages, Google Voice Search can be used in Ukrainian on OS Android 2.2 devices and higher. Wed, 03 Jul 2013 13:56:56 +0200 Ukraine’s Shale Gas Revolution May Bring Country Closer to U.S. and EU – U.S. Expert http://wnu-ukraine.com/news/economy-business/?id=3190 Kyiv, June 28, 2013. The development of shale gas deposits represents strategic milestone in Ukraine’s pursuit of energy independence boosting national security for Kyiv and Washington and driving Ukraine’s European integration. Fri, 28 Jun 2013 09:37:36 +0200 Ukraine Heads for the Future With Renewable Energy http://wnu-ukraine.com/news/economy-business/?id=3184 Kyiv June 27, 2013. For more than several years now Ukraine has been keen about developing renewable sources of energy and improving regulations for the utility companies. These issues have been discussed during the recent meeting between the Ukrainian National Commission for conducting State regulations in the energy industry of Ukraine (NCSRE) and its American counterparts from the National Association of Regulatory Utility Commissioners (NARUC). Thu, 27 Jun 2013 11:44:43 +0200 The European Union Delegation Opens Sustainable Energy Week in Ukraine http://wnu-ukraine.com/news/economy-business/?id=3170 Kyiv, June 26, 2013. This week was announced as the energy sustainable week in Ukraine. Such statement was released during the opening press-conference hosted by the European Union Delegation to Ukraine in Kyiv. Wed, 26 Jun 2013 22:40:32 +0200 Ukraine May Become Europe’s Energy Hub - EU Enlargement Commissioner http://wnu-ukraine.com/news/economy-business/?id=3173 Kyiv, June 26, 2013. Ukraine remains a reliable partner of the European Union in the energy sector, particularly with respect to gas transportation and storage. Such statement was released by the EU Commissioner for Enlargement and European Neighbourhood Policy Štefan Füle during the press conference in Luxembourg. Wed, 26 Jun 2013 09:46:56 +0200 Sky Over Kyiv Conference Reveals The Future of Ukrainian Aviation Industry http://wnu-ukraine.com/news/economy-business/?id=3172 Kyiv, June 25, 2013. Ukrainian capital city of Kyiv just finished hosting the Sky Over Kyiv Conference which offered to discuss the present and future goals of the Ukrainian aviation industry. Tue, 25 Jun 2013 23:15:25 +0200 Ukraine’s Agribusiness To Attract USD 30 Bln in The Next 10 Years - Minister of Agriculture http://wnu-ukraine.com/news/economy-business/?id=3169 Kyiv, June 21, 2013. Agro-industrial companies of Ukraine will attract up to USD 30 billion in investments in the next 10 years, stated the Minister of Agricultural Policy and Food Mykola Prysyazhnyuk. Fri, 21 Jun 2013 18:53:40 +0200 Agrarian Minister: Ukraine Could Export Over 30 Mln Tons of Grain Annually by 2021 http://wnu-ukraine.com/news/economy-business/?id=3166 Kyiv, June 21, 2013. Ukraine will be able to export up to 33 million tons of grain annually by 2021, stated the Minister of Agrarian Policy and Food of Ukraine Mykola Prysyazhnyuk. Fri, 21 Jun 2013 12:20:47 +0200 TEDx Kyiv 2013 Conference Develops Instinct for the Future http://wnu-ukraine.com/news/economy-business/?id=3155 Kyiv, June 18, 2013. “Instinct for the Future” was the slogan of this year’s annual and privately organized TEDx event that featured speakers sharing their unique designs and innovations that carry the idea of change and development of the future society. The mission of this year’s TEDx was to passionately change attitudes, lives, and ultimately the world via the power of ideas. Wed, 19 Jun 2013 22:16:06 +0200 One Step Closer to EU: Ukraine Out of Paris Memorandum on Port State Control Blacklist http://wnu-ukraine.com/news/economy-business/?id=3160 Kyiv, June 19, 2013. Ukraine has made it out of the blacklist of the Paris Memorandum of Understanding on Port State Control (Paris MoU), following the 46th meeting of the organization. This was one of the requirements set for Ukraine by the EU, informs Cabinet of Ministers of Ukraine. The organization evaluates how participating states comply with international safety, security and environmental standards, and ensures that crew members have adequate living and working conditions. Wed, 19 Jun 2013 16:00:32 +0200 First ABC Conference in Kyiv Welcomes Business Partners http://wnu-ukraine.com/news/economy-business/?id=3146 Kyiv, June 18, 2013. Ukraine just finished hosting the first International Annual Business Conference ABC: Ukraine & Partners. Tue, 18 Jun 2013 00:18:08 +0200 Ukraine Will Host International Ferro Alloy Congress Infacon 2015 http://wnu-ukraine.com/news/economy-business/?id=3144 Kyiv, June 14, 2013. Ukraine has won the right to host the International Ferro Alloy Congress Infacon in 2015. The announcement was made public during the Infacon XIII Congress, which is currently taking place in Almaty, Kazakhstan. Fri, 14 Jun 2013 15:21:57 +0200 European Economy Would Benefit from Ukraine’s Integration into the EU http://wnu-ukraine.com/news/economy-business/?id=3139 Kyiv, June 14, 2013. The full integration of Ukraine into the EU will provide an untapped potential for the economic growth, stability and security in Europe. This was stated by the president of Ukraine Viktor Yanukovych at the plenary session of the 18th Central Europe Summit of Heads of State in Bratislava, Slovakia, where 21 European presidents discussed Growth Strategy for Post-Crisis Recovery at the Summit. Fri, 14 Jun 2013 08:45:47 +0200