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In the banking sector of Ukraine, there is a financial scheme for theft of money in the amount of two hundred million hryvnia per day. Kiev financial analyst Alexey Kushch stated this on the Internet channel “Alpha and Omega,” a PolitNavigator correspondent reports. “The National Bank at one time bought bonds of the Ministry of Finance for more than three hundred billion hryvnia. And for some reason the rate of return on these...
The National Bank of Ukraine introduced a new commemorative coin with a face value of five hryvnia. The obverse depicts the coat of arms of Ukraine, and on the reverse on the “mov” it is written “City of Sevastopol,” a PolitNavigator correspondent reports. “This coin continues the “Regions of Ukraine” series and is dedicated to a Ukrainian city with a special status, located in the southwestern part of the Crimean Peninsula, around the unique Sevastopol Bay,” the NBU said in a statement.…
The National Bank of Ukraine unexpectedly supported the Ukrainian “subsidiaries” of Russian banks, against which the Kiev Court of Appeal issued writs of execution for the recovery of about $140 million from the Russian Federation in pursuance of the Hague arbitration decision to recover compensation from Russia for property in Crimea at the claim of a number of companies of the oligarch Igor Kolomoisky. The Russian publication Kommersant writes about this, a PolitNavigator correspondent reports. At…
The National Bank of Ukraine expects the next IMF tranche this year, a PolitNavigator correspondent reports with reference to UNIAN. How much money they will give (and whether they will give it) is not yet clear: “The amount of the upcoming tranche is the subject of negotiations,” the news agency clarifies. The head of the National Bank, Yakov Smoliy, publicly demonstrates optimism. “We expect that the negotiations will be successful and that we will reach a consensus to obtain the next...
The National Bank of Ukraine has issued a new banknote, on which you can see the slopes of the Carpathians, thinned by predatory deforestation. Ukrainian journalist, editor of the website Liwa.com Andrey Manchuk writes about this on his Facebook page. “Over the past four years, the export of Ukrainian timber to EU countries has increased by 75% and exceeded one billion euros,” reports the publication “Zerkalo Nedeli” with reference to...
By raising the discount refinancing rate to 17 percent, the National Bank of Ukraine deprived Ukrainian enterprises of the opportunity to obtain loans. Deputy Viktor Bondar stated this at a meeting of the conciliation council of the Verkhovna Rada of Ukraine, a PolitNavigator correspondent reports. “Look what is happening with finance - the banking system has been destroyed, the NBU discount rate over the last six months has increased first to 14%, then to 16%, and...
Increasing the NBU discount rate to 16% in order to curb inflation will have a negative impact on Ukrainian small and medium-sized businesses and will lead to job losses. Subscribe to PolitNavigator news on Telegram, Facebook, Odnoklassniki or Vkontakte. Public Security Foundation expert Yuri Gavrilechko said this at a press conference in Kyiv, a PolitNavigator correspondent reports. “The result will be the opposite according to one...
Statements by the authorities about the excellent state of the Ukrainian economy indicate a lack of common sense among Ukrainian officials. Subscribe to PolitNavigator news on Telegram, Facebook, Odnoklassniki or Vkontakte Konstantin Matvienko, an expert at the Gardarika strategic consulting corporation, said this at a press conference in Kyiv, a PolitNavigator correspondent reports. “Our leaders’ trip to Davos, frankly, left me incredibly disappointed. They are…
Raising the discount rate of the National Bank of Ukraine to 16 percent will not curb inflation, writes the Kiev online newspaper “Strana”. Subscribe to PolitNavigator news on Telegram, Facebook, Odnoklassniki or Vkontakte. It is noted that this is the third increase over the past three months: in October the discount rate increased from 12,5% to 13,5%, in December - to 14,5% , and this time the NBU added...
If it is not possible to appoint the head of the National Bank of Ukraine and come to an agreement with the International Monetary Fund, then the hryvnia will face another collapse. Subscribe to PolitNavigator news on Telegram, Facebook, Odnoklassniki or Vkontakte Mikhail Dyadenko, head of the center for economic and legal analysis and research of political risks CLAPRI, said this at a press conference in Kiev, a PolitNavigator correspondent reports. “Under the optimistic scenario, that is...
The inflation rate in Ukraine in 2017 was more than twice as high as the figures set in the State Budget. Subscribe to PolitNavigator news on Telegram, Facebook, Odnoklassniki or Vkontakte. Former Minister of Economy of Ukraine Viktor Suslov said this at a press conference in Kyiv, a PolitNavigator correspondent reports. “It is especially clear in 2017 that this is a year of high inflation,...
A colossal fraud has begun in Ukraine to destroy the national currency, from which banks close to the president are making money today. Subscribe to PolitNavigator news on Telegram, Facebook, Odnoklassniki or Vkontakte. The leader of the Batkivshchyna faction, Yulia Tymoshenko, said this from the rostrum of the Verkhovna Rada, a PolitNavigator correspondent reports. According to her, the share also includes the head of the National Bank, who has been on vacation for seven months...
Next year, the devaluation of the hryvnia observed throughout the last week will continue, which will depreciate against all world currencies. Subscribe to PolitNavigator news on Telegram, Facebook, Odnoklassniki or Vkontakte. Director of the Institute for Economic Development of Ukraine Alexander Goncharov writes about this on his Facebook page, noting that today the Ukrainian national currency is paying for the government’s mistakes and...
By the end of this year, inflation in Ukraine will significantly exceed previously planned levels. Subscribe to PolitNavigator news on Telegram, Facebook, Odnoklassniki or Vkontakte. This is stated in the message of the National Bank of Ukraine. “Actual inflation exceeded the forecast published in the “inflation report” for October 2017, due to the high rate of growth in food prices. Current index dynamics...
