News

26Oct2015

The European Commission points to a significant progress in negotiations with Ukraine on the introduction of a comprehensive free trade area, European Commissioner for Trade Karel De Gucht said at a meeting with Ukrainian Prime…

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26Oct2015

The price of Russian gas for Ukraine in the first quarter of 2011 could be USD 230-235 per 1,000 cubic meters, Prime Minister Mykola Azarov said. According to Azarov, this was agreed in the course…

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26Oct2015

The total amount of foreign direct investment (FDI) in the economy of Ukraine over the period of its independence has been 72% formed of EU investment, Chairman of the Ukrainian League of Industrialists and Entrepreneurs…

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26Oct2015

The Romanian Government has recently approved a program meant to modernize 10,000 km of national and local roads, connect villages to water and sewage systems and modernize the rural areas in Romania, the Regional Development…

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26Oct2015

The Romanian Senate‚Äôs Committee for education adopted Saturday an amendment to the Education Bill which forbids married couples and relatives up to the third degree from holding management positions in the same education institution, or…

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26Oct2015

Russia and Bulgaria agreed on Saturday to push ahead with the South Stream pipeline project aimed at transporting Russian natural gas under the Black sea to Europe and seen as a rival to the EU-backed…

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26Oct2015

Romania will return to economic growth in 2011, most likely of around 1.5 percent, representatives of the International Monetary Fund said Thursday. Romania was hit hard by the global downturn in 2009, recording an economic…

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26Oct2015

The Cabinet of Ministers will soon begin preparing thermal power enterprises for privatization, Deputy Prime Minister for Economic Affairs Serhiy Tihipko told at a press conference in Kharkiv. “Now we have to quickly find consultants…

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26Oct2015

The government will drastically cut local budgets made from VAT taxes, a 2011 budget draft reads, quoted by the Romanian news agency Mediafax. The budget draft sees a cut by half of finances for infrastructure…

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26Oct2015

Bulgaria is expected to move out of recession and its economy to rebound in 2011, major international banks said. According to the latest CEE report of Italy’s Unicredit, the country is slowly recovering from the…

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