New Year Fair – Kyiv’s New Year’s tree
This year every square of Kyiv has a nicely organized Christmas/New Year fair – all these will last till the end of the holidays.
This year every square of Kyiv has a nicely organized Christmas/New Year fair – all these will last till the end of the holidays.
A 42-year-old man was killed in the explosion in Solomyansky district of Kyiv in the morning.
The European Union isn’t using its influence on Kyiv when it comes implementing the Minsk Agreement to resolve the conflict in the south-east of the country, the deputy director of the Center for Ukrainian and Belarusian Studies at Moscow State University Bogdan Bezpalko told RIA Novosti.
The European Union isn’t using its influence on Kyiv when it comes implementing the Minsk Agreement to resolve the conflict in the south-east of the country, the deputy director of the Center for Ukrainian and Belarusian Studies at Moscow State University Bogdan Bezpalko told RIA Novosti.
KYIV: The Ukrainian parliament on Friday adopted a budget for 2016 with a deficit of three per cent of GDP, crucial for unlocking much needed aid from the IMF and western countries. The budget was passed after an acrimonious all-night debate and was finally approved by 263 lawmakers, about 40 more than the minimum required number. The cash-strapped and war-scarred country badly needs aid and this move is crucial in unlocking the release of a delayed $1.7 billion (1.6 billion euro) loan from the International Monetary Fund and other western aid.
Payments are frozen “until our propositions on restructuring are accepted or until a relevant court decision is made”, he said.
The moratorium means that Ukraine is likely to default on the debt, which is due on Sunday.
The payment is halted “until we make restructuring proposals or a relevant court decision is made”, added the Prime Minister. “We are prepared for court action from the Russian side”, Yatsenyuk said. Putin stated Russian Federation was able to work to enhance ties with the US, saying his talks with Secretary of State John Kerry this current week show in that Washington is able to “move toward resolved the issues in that can only be resolved through joint efforts”.
“From today we are halting payments on this debt”, he said, essentially confirming that Kyiv will default on the bond when the Sunday payment deadline arrives.