Monday, November 22

Cyprus Court of Limassol has requested Kolomoisky to appear in court to answer to legal action by PrivatBank.

 On April 3, 2020, PrivatBank filed a new lawsuit in Cypriot courts, in the Limassol District Court, seeking damages of $5.5 bln for fraudulent schemes including money laundering. The bank claims were committed by its former shareholders: Kolomoisky Bogolyubov, former first deputy chairman Timur Novikov and two Cypriot companies: PrimeCap (Cyprus) Limited and Duxton Holdings Limited. As reported by Interfax, the total amount of claims filed by PrivatBank against Kolomoisky and Bogolyubov in England, Cyprus, the United States, and Israel exceeded $10 bln.

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Ukraine plans to restore 557 km of roads in the Dnipropetrovsk region in the next two years.

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Confectionary producer, Roshen, received permission to build a concert hall

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A New Economic passport for Ukrainians by December 10 was announced by the President of Ukraine, Volodymyr Zelensky. “By December 10 this year, for the first time in the history of our independence, I am introducing a bill on the economic passport of Ukrainians”, said the President during his annual address to the Parliament of Ukraine. “All funds and fees for using the Ukrainian subsoil will be accumulated in the personal accounts of children of Ukrainian citizens”, he said.

Ukraine, Georgia, and Moldova discussed cooperation in the field of trade, security, and healthcare. The Prime Minister of Ukraine, Denys Shmyhal, the Prime Minister of Georgia, Irakli Garibashvili, and the Prime Minister of Moldova, Natalia Gavrilița, met in the format of the Associated Trio. They discussed cooperation in the field of trade, security, and healthcare with the President of the European Parliament David Sassoli. Denys Shmyhal noted that the initiative of the Associated Trio is aimed at deepening the process of European integration of Ukraine, Georgia and Moldova, as well as ensuring further strategic

Nord Stream 2 will be launched without certification might be possible.  According to reports in the German newspaper, Handelsblatt, the gas pipeline may start operating without certification. This scenario was played out with German projects NEL and EGL 401. However, in this case, Nord Stream 2 may be fined €1 mln, according to the estimates of the German Federal Network Agency (BNA). The penalty for putting the gas pipeline into operation in Germany was acceptable, given that the cost of the entire Nord Stream 2 project is €10 bln.