Posts

Ukraine risks financial meltdown after break with EU

Image
    KIEV, Ukraine, Nov. 22 -- Ukraine is risking a financial crisis of monumental scale by ditching the EU as it faces a cash crunch before imminent debt repayments, analysts said Friday.Ukraine received warnings from senior EU officials and the United States after it dropped its EU membership bid, European Observer said. U.S. officials cited difficulties Ukraine could face obtaining credit from the International Monetary Fund after it snubbed the EU, EUObserver.com said. Ukraine's ties with the IMF are already fraught over recent mishaps, including a $15 billion line of credit that fell through. Renewed Ukrainian attempts to obtain IMF cash are aimed at securing a line of credit for $10 billion or more to enable Kiev to head off default on loan repayments. Ukraine needs to make regular repayments on more than $60 billion of external debt. Thousands of protesters in Kiev and other Ukrainian streets Friday pushed the argument Ukraine belongs in the EU, not i

Doors are still open for Kiev

KIEV, Ukraine, Nov. 20  -- European Union Neighborhood Policy Commissioner Stefan Fule said Wednesday the door to the EU is open to Ukraine if it chooses to seize the"The EU's commitment to bring EU-Ukraine relations to a new quality, opening up new opportunities for the Ukrainian people, is firm," he said in a statement. "The door for such a qualitative step forward is open and we look forward to the government's implementation of its decision Sept. 18 to sign the association agreement in [Lithuania] on Nov. 29." Fule said he met in Kiev with Ukrainian President Viktor Yanukovych to discuss Ukraine's efforts to move closer to the EU with an association agreement. The commissioner said he had assurances Ukrainian lawmakers would vote on new laws on elections, judicial reform and the medical treatment of prisoner's abroad during the Thursday session. Lawmakers are mulling a bill that would release jailed former Prime Minister Yulia Tymo

Ukraine and France 2-0 in their World Cup qualifying play-off first leg in Kiev.

Ukraine and France 2-0 in their World Cup qualifying play-off first leg in Kiev. "We are trying to keep our players away from the past. To know the reasons for those failures, you had to be there," Ukraine coach Mykhaylo Fomenko told reporters.

Ukraine Can Win First Leg of Qualifiers

Image
Ukraine and France will faceoff in one of the most hotly contested playoffs of the 2014 World Cup Qualifiers. The opening draw will take place in Kiev and there are a number of reasons to believe that the Ukrainians can pull off a huge victory against Les Bleues. Here are a few of them. Defense One of these two teams conceded four goals in 10 games; the other allowed six in eight. Guess which is which? Ukraine is actually the team that only conceded four goals in the entire tournament; only Spain (which played two fewer games) conceded less than the Ukrainians in the entire tournament. Consider the fact that this team contended with such nations as Montenegro, Poland and England and the statistic is even more impressive. France had to deal with Spain, but it faced lesser teams that included Belarus, Georgia and Finland; this was hardly a major challenge for Les Bleues. Home Field Advantage The Ukrainians were strong at home with three wins, one draw and one loss

“Ukrainian International Airlines” to implement two Kiev-Yerevan-Kiev flights daily.

Image
The General Department of Civil Aviation of the Government of the Republic of Armenia began contacting the aviation authorities of different countries, informing about the open sky policy in the Armenia's air transfers. The Head of the General Department of Civil Aviation of the Government of the Republic of Armenia Artyom Movsisyan told  about it. “It has been nearly a month that we began working in that direction. On October 23 the open sky policy project was adopted and we began working with the aviation authorities of Israel, Iraq, Russia and Ukraine and informing them that we are going in the direction of the liberalized open sky policy”, - said Artyom Movsisyan. The “Ukrainian International Airlines” has already made a step, offering to implement two Kiev-Yerevan-Kiev flights daily. Liberalizing the air transfers and implementing the open sky policy, Armenia will create opportunities for the corresponding companies to create air companies in the country and organize re