Loan rates are still on the increase. But, if you are going to borrow money, it is still cheaper to borrow more

Borrowers are being pounded by offers from credit card companies luring them into making expensive cash withdrawals

According to dealers of commercial banks, in the beginning of the trading session the quotations fluctuated within 4.70-4.75 UAH/USD, then expanded to 4.70-4.80 UAH/USD, and by the end of the trades made up 4.77-4.8 UAH/USD.

Ukrainian News has learned this from a representative of Ukrhazbank referring to member of the NBU council Vasyl Horbal.

During the previous trading day, the National Bank rose the hryvnia's official exchange rate by 20 kopecks to 4.8500 UAH/USD.

The Cabinet of Ministers of Ukraine took decision to unilaterally cancel the agreement with the American Company Vanco on shelf development in the Black Sea, said the first vice-premier of Ukraine Alexander Turchinov.Turchinov cited the president's directive on forcible returning

The Cabinet canceled restrictions for grain export., said the Minister of Finance of Ukraine Viktor Pynzenyk, according to 'Proua. com'.'The grain restrictions are canceled but oil is pending until the complete development,' said PynzenykHe did not specify when the decision

On May15, vice premier Igor Sechin held a meeting of oil companies’ executives that was also attended by the Ministry of Energy and the Ministry of Economic Development to discuss a number of important issues. Sechin pointed to the need

This decision was supported by almost all council members

Petro Poroshenko, the council`s head, told a news conference

Oleksandr Ryabukhin told the Post once Ukraine is admitted into the WTO, domestic auto producers will have difficulty competing with European carmakers.

Ukraine's domestic automobile production has dramatically risen in recent years, but the future may be in jeopardy when Ukraine loosens auto import restrictions.

British beer company SABMiller bought the Donetsk-based brewery Sarmat to segue into the Ukrainian market, finally ending Rinat Akhemtov's search for a buyer.

Without pomp or ceremony, Ukraine became the 152nd member of the World Trade Organization (WTO) on May 16 and the largest post-Soviet nation to join.

In Ukraine, corporate social responsibility is a growing trend due to the influx of foreign business and increasing interest among Ukraine's wealthiest.

The Cabinet of Ministers led by Prime Minister Yulia Tymoshenko declared on May 21 it will terminate the Ukrainian government's contract with Vanco Energy Co.

Among the EBRD's decisions was a 135 million euro grant to fund the shelter and waste storage at Chornobyl, and to invest 1 billion euro into Ukraine annually.

The AA has warned motorists taking to the road for a trip this bank holiday weekend that they are likely to feel the pinch of rising fuel prices.

Advice service National Debtline has warned that people who regularly use payday loans to keep themselves afloat financially could be masking a more serious debt issue.