Italian Prime Minister Renzi officially resignsWorld December 08, 1:27
43 ceasefire violations reported in Syria in 24 hours ― Russian Defense MinistryWorld December 08, 1:16
One reconciliation agreement signed in Syria in 24 hours ― Russian Defense MinistryWorld December 08, 0:26
Lavrov confirms to Kerry Russia backs US proposal on Aleppo from December 2Russian Politics & Diplomacy December 07, 23:57
Russia has never imposed its decisions on Syria, Assad saysWorld December 07, 23:45
Rosneft privatization deal is completed — KremlinBusiness & Economy December 07, 21:06
Contact Group focuses on demining, creation of new security zones in Donbass — OSCE envoyWorld December 07, 20:57
Russian Defense Ministry reports 70% of eastern Aleppo under control of Syrian armyWorld December 07, 20:21
Moscow slams Polish FM's remarks on NATO-Russia Council meeting — sourceRussian Politics & Diplomacy December 07, 20:12
SIMFEROPOL, January 21. /TASS/. Crimea will nationalize the republic's Interbank Currency Exchange (ICEC). The move was authorized on Tuesday in a unanimous vote at a special session of the State Council.
The move follows nationalization of one of the largest energy companies in Crimea, Krymenergo. The republic's head, Sergey Aksyonov, told parliament lawmakers that the decision was of value to the region's people and urging them not to heed Ukrainian allegations of “violating some commitments”.
"All of us understand the need for this process despite continuous allegations of non-transparency and violation of commitments made by our opponents," he said. "We believe that Ukraine is doing just the same, particularly when deciding to recover property divested by those close to its ex-president.”
ICEC's establishment in 1995 was initiated by leading Crimean commercial banks. Fifteen banks and Ukrainian financial institutions were founder members. The organisation is tasked with trading and closing of foreign exchange sale and purchase agreements between exchange members, transfer of trading information to the clearing bank for forex payments and foreign exchange rate fixing.