Ukraine

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Ukraine Said to Mull PwC Measures as Privatbank Bill Grows

Already reeling from a $4.5 billion bill to save its ailing No. 1 lender, Ukraine is now bracing for an even costlier rescue, and says audits by PwC’s local office were instrumental in the bank’s failure, Bloomberg News reported. The government may have ...

Daily Headline - global.abi.org - 06/20/2017 - 21:22 - 0 comments

Ukraine's Metinvest Says Separatists Have Seized Assets

Ukraine's largest steelmaker, Metinvest said on Wednesday steel and coke assets in territory controlled by pro-Russian separatists had been seized by rebels, the International New York Times reported on a Reuters story. "Metinvest does not ...

Daily Headline - global.abi.org - 03/15/2017 - 20:39 - 0 comments

Article from INSOL Europe (12-18 December 2016) GlobalINSOLvency Editorial Board

Insolvency in Ukraine is governed by the Law of Ukraine “On restoring debtor’s solvency or declaring it insolvent” (the Insolvency Law), the Civil Code of Ukraine and the Commercial Code of Ukraine. Furthermore, there are a number of related regulations, ...

Resource Article - twallace@abiwor... - 12/28/2016 - 14:17 - 0 comments - 1 attachment

Ukraine’s MPs Forgo Pay Rise As Public Balks At Scale Of Wealth

Embarrassed members of Ukraine’s parliament have given up a pay rise to try to defuse public anger after an exercise in transparency revealed they held hundreds of millions of dollars of assets from expensive cars to prized works of art. Tens of thousand ...

Daily Headline - global.abi.org - 11/01/2016 - 21:50 - 0 comments

Ukraine Says $1 Billion IMF Loan Shows Country Is Committed to Overhauls

The Ukrainian government Thursday welcomed a long-delayed emergency payment of $1 billion from the International Monetary Fund, a move that paved the way for further international aid to help bolster the country’s fragile finances, The Wall Street Jour ...

Daily Headline - global.abi.org - 09/15/2016 - 22:49 - 0 comments

Ukraine Agrees Debt Restructuring Deal With Russia's Sberbank

Ukraine has agreed a restructuring deal with Russia's Sberbank on $367.4 million of state-guaranteed debt, the government said in an online statement on Thursday, the Daily Mail reported on a Reuters story. The deal included a 25 percent writedo ...

Daily Headline - global.abi.org - 02/11/2016 - 23:24 - 0 comments

IMF Head Warns Ukraine on Bailout Over Pace of Anti-Graft Efforts

The head of the International Monetary Fund warned that the lender’s bailout of Ukraine could be in jeopardy without “a substantial new effort” by the country to accelerate overhauls to improve governance and fight corruption, The Wall Street Journal ...

Daily Headline - global.abi.org - 02/10/2016 - 21:09 - 0 comments

Central Bankers Lead Revamp as Crises Sweep Ex-Soviet States

0.5 percent after a 2.7 percent contraction in 2015. Read more. (Ukraine) Lenders of ...

Daily Headline - abi_admin - 12/29/2015 - 13:38 - 0 comments

Ukraine Leaders Pledge Unity, Overhauls for IMF Loans

Ukraine’s leaders pledged to put aside their differences and take measures to unlock loans from the International Monetary Fund, after weeks of squabbling strained the pro-Western coalition and delayed the latest bailout tranche, The Wall Street Journa ...

Daily Headline - global.abi.org - 12/16/2015 - 23:23 - 0 comments

Russia, Ukraine Must Hold Direct Talks on Debt Restructuring - IMF

The International Monetary Fund (IMF) will not get involved in the negotiations between Moscow and Kiev to restructure Ukraine’s debt to Russia, IMF Communications Department Director Gerry Rice said in a briefing on Thursday, Sputnik News reported. “We ...

Daily Headline - global.abi.org - 12/03/2015 - 23:21 - 0 comments

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