Ukrainian ZAZ automobile plant, which is now a major corporation "UkrAVTO" reduced its production capacity almost by 99%. This statistic provided Ukravtoprom Association.  According to these data, in July this year, the company produced a record low number of cars - eight. In addit... Read more

On Thursday, European Commission President Jose Manuel Barroso held telephone talk with Russian President Vladimir Putin.  The only result of the conversation of Presidents, which officially reported, was an agreement on a new series of tripartite consultations between the EU, Russia an... Read more

In late July, members of the parliamentary committee on European integration have received government bill "On the National program for the implementation of the Association Agreement". The document is not yet registered in the Verkhovna Rada and submitted for review. The bill defi... Read more

Zero growth, as reported by the statistical agency Eurostat, should bother politicians, who are preparing for the negative impact of sanctions against Russia.  According to Reuters, the largest economy in the region Germany declined by 0.2% qoq, confounding the Bundesbank forecast stagn... Read more

In July, sales of new cars and light commercial vehicles fell by 22.9% to 180,767 units, told Committee of Automakers Association of European Businesses (AEB). For seven months the market declined by 9.9% to 1.41 million vehicles.  A few manufacturers increased sales in July i... Read more