Ukraine

Land of the friendly, home of the dumb

It's fast becoming a holiday tradition as pointless as pudding and as enjoyable as an antler in the eye. You've lived it, if you've lived …
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SPF to announce new tender for Donbassenergo sale rights

Plans for Ukraine's first international privatization tender have been abandoned, and will shortly be replaced with a revised scheme, the State …
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Importers face officialdom's wrath

Its product has been judged safe by just about every government on Earth and lapped up by billions of consumers. It has the blessing of Ukraine's …
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Public housing, private cash

Last week U.S. shuttle astronaut Leonid Kadenyuk returned home a national celebrity. In time honored tradition the powers-that-be awarded the new hero …
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Hryvna headed for a fall

at present exchange rates much longer and will be devalued in the near future, market analysts and politicians agree. Government officials conceded …
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Might makes wrong

The government is absolutely right. We are saddled with an obtuse Parliament that has long ago abandoned its legislative mandate for the pleasures of …
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Banks shrugging off weight of bad loans

The proportion of bad loans in the portfolios of Ukrainian banks would give heart attacks to Asian financiers used to nasty surprises. It makes shaky …
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Rada ratifies friendship pact with Russia

Parliament voted overwhelmingly Wednesday to ratify a landmark friendship treaty with Russia that ended years of bickering between the world's two …
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Ports' cargo shipments up 12.1 percent

(Reuters) Annual cargo movement volume at Ukraine's sea and river ports rose 12.2 percent last year from 1996 levels to 71.4 million tons, the …
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Trouble in mind

We should just come right out and admit it. Some otherwise perfectly law-abiding people at this newspaper have been known to play a pirated version of …
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Railroaded into a multicultural experience

The best thing for the Westerner embarking on a long-distance Ukrainian train trip is not knowing who he is going to end up with. The experience is …
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Ukraine must revive T-bill market, says NBU head

(Reuters) Ukraine's financial stability this year will depend largely on its ability to renew interest in the Treasury-bill market, central bank …
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When the music's over

.' For a supposedly illicit business trading in pirated compact disks, the tiny, packed shop near the Petrivka metro station made no pretense at …
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Sugar producers hoard, await Russian quota

Ukrainian producers are holding on to sugar supplies as they wait for a deal to be finalized with Russia, which has promised to buy 600,000 tons of …
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Prosecutor: Lazarenko probe based on Swiss tip

The chief prosecutor's office on Thursday defended its criminal probe of former Prime Minister Pavlo Lazarenko, saying the case is based on …
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Rada rejects proposed tax breaks on Treasury bills

Parliament dealt a blow Tuesday to the government's plans to boost the flagging Treasury bill market, rejecting by a huge majority a bill to cut …
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Decision on hryvna near

The battered hryvna slid again on the Ukrainian interbank market Thursday as government and central bank officials continued negotiations on a new …
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The undead economy stirs

There’s more to the Ukrainian economy than meets the eye. Variously described as ‘limp’, ‘struggling’ or ‘comatose’ by the news agencies and …
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