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Baranivka” has built a cheese factory in the village of Rohachiv.
Baranivka’s success stories were filmed by local school television. And we’re not even looking at the many ordinary enterprises of Baranivka that were created after decentralization which use the logo of the OTG as a symbol of healthy and high-quality products recognized throughout Ukraine.
Altogether, the results of financial decentralization are the most apparent among all Ukrainian reforms, and few would doubt their general efficiency.
2.2​ ​Germany: Its our sovereign decision where we buy energy resources from
The United States is on the wrong track, imposing sanctions against the companies involved in the construction of the Nord Stream 2 gas pipeline​, as it harms the interests of the European Union, German Foreign Minister Heiko Maas told a press conference following talks with his Russian counterpart Sergey Lavrov.
"For us, for the German government, the Transatlantic ties have been of great importance not only at the moment, but for many years. This is true not only for us, but for Europe in general. They are deeper than any political situation," Maas said.
"Nevertheless, we must state that sanctions between partners are indeed the wrong and false path. In the end, this is our sovereign decision where we buy energy resources from," he added.
The German foreign minister stressed that no state can dictate the EU energy policy by means of threats. "At the EU level, we are also discussing this topic, how extraterritorial sanctions violate international law. We will talk about this with our partners. In a telephone conversation with the US secretary of state [Michael Pompeo], I made our position very clear," he said.
On June 4, US Senators Ted Cruz, Jeanne Shaheen and John Barrasso introduced a bill expanding sanctions against the Nord Stream 2 gas pipeline project to the Senate. US Secretary of State Michael Pompeo said that the project fell under the Countering America's Adversaries Through Sanctions Act (CAATSA). The US move prompted harsh criticism in Germany.
2.3​ ​Ukraine repurchases 10% of its warrants
Ukraine’s Finance Ministry has repurchased about 10% of its outstanding GDP-linked warrants, ​according to its August 14 announcement on the Irish Stock Exchange.
The warrants were issued as part of a debt restructuring five years ago when the country was in the midst of a financial crisis following the EuroMaidan revolution that saw former president Viktor Yanukovych ousted. The warrants came into effect this year and will payout if GDP growth is over 3%. Analysts had warned that if growth is fast then the warrants could become prohibitively expensive and that a buy back while they are still cheap is a good idea.
8​ UKRAINE Country Report​ September 2020 ​ ​www.intellinews.com