Ukraine: charitable activities of religious organizations exempt from taxes

President of Ukraine Petro Poroshenko has signed the law on exempting charitable activity carried out by religious organizations from taxes. The press service of the Cabinet of Ministers noted Poroshenko signed amendments to the Tax Code of Ukraine concerning exemption from taxes of non-profit (charitable) activities, including humanitarian aid, charity, philanthropy, etc., activities carried out…

Ukraine: poultry imports from Austria banned

The State Service for Food Safety and Consumers’ Rights Protection has imposed a ban on imports of poultry and by-products from Austria. According to the service’s website, with reference to the World Organization for Animal Health, the outbreak of highly pathogenic avian influenza (HPAI) was registered at farms in the territory of Austria and Germany.…

Ukraine: NBU allows Finexbank self-liquidating

The National Bank of Ukraine (NBU) allowed the liquidation of Finexbank (Kyiv) at the initiative of the owners. According to the regulator’s website, on November 17, Finexbank had sufficient liquidity to make payments to clients. The volume of highly liquid assets amounted to 21 million UAH, while total liabilities were 6.5 million UAH, in particular…

Ukraine: government creating working group to analyze situation in aerospace sector

Ukraine’s Cabinet of Ministers is creating an ad hoc working group to analyze the situation in the aerospace sector and draw up mechanisms for increasing its management efficiency, Ukrainian Prime Minister Volodymyr Groysman has said. Groysman, speaking in parliament, knocked at the effectiveness of the aerospace sector management. He said that the sector enterprises with…

Armenia: Gazprom and Iran to increase gas supplies

Deputy Chairman of Gazprom Management Board Vitaly Markelov held talks with Iran’s Deputy Minister of Oil Amir-Hossein Zamani-Nia, who arrived in Moscow to convince Russian companies to invest in the Islamic Republic’s oil and gas projects. Also, negotiations dwelt upon the increase of gas supplies from Iran to Armenia, whose gas transportation system was controlled…