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Archive for July 2nd, 2009

President held phone talks with Swedish PM

Posted by the Editor on July 2, 2009

News / 2 July 2009 | 18:55

President held phone talks with Swedish PM

President Victor Yushchenko held phone conversation with the Prime Minister of the Kingdom of Sweden Fredrik Reinfeldt, president’s press office reported.

President Yushchenko congratulated Prime Minister Reinfeldt on the beginning of Sweden’s presidency over the European Union. The President praised the fact that the deepening of cooperation between the EU and Ukraine was identified by Sweden as one of the priorities of its presidency.

Also sides have discussed development of negotiations on the Association and Free Trade agreements between Ukraine and the EU, prospects of the Eastern Partnership, liberalization of visa regulations and energy security.


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Yanukovych calls on politicians to unite

Posted by the Editor on July 2, 2009

News / 2 July 2009 | 16:38

Yanukovych calls on politicians to unite

Oppositional Party of Regions’ leader Viktor Yanukovych has called on politicians for unification. While staying in Luhansk Thursday, he said: “I am calling on my supporters against fighting with representatives of other political forces. The time has come to unite in the fight with our common foe, the economic crisis,” UkrInform reported. 

The Party of Regions’ leader also called for “giving over to historians the events in Ukraine since the end of 2004 until now,” and “instead of staging political battles, to fight with the crisis.”

Political battles, Yanukovych says, are “inopportune in conditions when Ukraine is dragging behind the majority of the so-called post-Soviet countries by the level of social and economic development.”


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Monument to Lenin to be dismantled?

Posted by the Editor on July 2, 2009

News / 2 July 2009 | 15:42

Monument to Lenin to be dismantled?

The monument to Lenin, that has been recently damaged, will be dismantled, MIGnews reported.

“Lenin will be dismantled while repairing and then Cabinet will seal fate, because it is the place of interest on the national level. The monument has been made of rare Carelian quartzit. Mausoleum in Kremlin is made of it. We have to order quartzit”, chief of the chief cultural heritage committee Ruslan Kukharenko told. According to Kyiv sculptor Oleg Pynchuk, restoration costs UAH 100,000.

If Cabinet does not sanction it, Lenin has a chance to return to the place on boulevard, Segodnya reports.

As a reminder, on Tuesday 5 Ukrainian nationalists broke Lenin’s nose and left palm with club hammer. They have been detained by militia. “The apprehended claimed at the interrogation they will be beating the head of Ukrainains’ butchers. Among apprehended are students, unemployed and body guard from supermarket”, the head of PR Center at the Ministry of Internal Affairs in Kyiv Vladimir Polishchuk told. They may be put into prison for 5 years.

The nationalists claimed they had been guided by the presidential decrees. According to them, President Viktor Yushchenko ordered to dismantle monuments to those who were involved into organization of Holodomor (the Great Famine) and repressions.

The Hero of Ukraine Yuri Shukhevych applied to President Viktor Yushchenko with a request to defend five nationalists who had broken the face and arm of the monument to Lenin on June 30 at Bessarabka district. It is said about it in Shukhevych’s statement, press service of UNA-UNSO (Ukrainian Nationalist Party-Ukrainian People’s Self-Defense) reported.

“I think it is disgrace that the monuments to such people as Lenin, Dzerzhynsky and others are still standing in our cities and villages. I hope I will do everything possible to protect people having encroached upon the monument to Lenin in Kyiv from criminal responsibility”, Shukhevych noted. Besides, he applied with the same to the Prosecutor General, reports.


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Turtle Day is announced in Kyiv zoo

Posted by the Editor on July 2, 2009

News / 2 July 2009 | 14:35

Turtle Day is announced in Kyiv zoo

The Turtle Day will be celebrated in Kyiv zoo on Saturday, July 4, Unian reported.

The action takes place six years running and it is dedicated to support of the single species of the turtles, which live in Ukraine in the natural conditions – a fresh-water turtle, according to the press service of Kyiv. Zoo.

The specialists say that though the fresh-water turtles populate large territories, the number of fresh-water turtles went down considerably. The fresh-water turtles are recorded to International Red Book of International Union for the Conservation of Nature as endangered species. The fresh-water turtles also recorded to the list of rare animal species of Europe.


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Ukraine GDP down by 20%

Posted by the Editor on July 2, 2009

News / 2 July 2009 | 13:09

Ukraine GDP down by 20%

Gross domestic production in Ukraine, one of the world’s most recession-battered economies, contracted by 20 per cent in the first quarter of 2009, according to official government figures released on June 30.

After months of delay, the figures were released by the government of Yulia Tymoshenko, prime minister, during a visit to Kiev by an International Monetary Fund mission. The Fund is mulling whether to grant Ukraine a third tranche from a $16.4bn lifeline granted last fall.
European leaders and bankers are keeping a close eye on Ukraine, whose economy is deep in recession and finances are stretched to the limit. With a 40 per cent stake on the Ukrainian market, European banks fear troubles in the country’s shaky bank sector could spill over. Europe also worries Kiev’s inability to pay for Russian natural gas imports could spark another energy war. Its pipeline system feeds Europe with 80 per cent of Russian natural gas imports, but Ukraine has in recent months struggled to pay Gazprom. Russian leaders have pressured Brussels to help broker a loan of $2bn-5bn for Ukraine, warning that supplies to Europe could be cut off as during a January dispute if Kiev fails to pay.
Ukraine is hoping for swift IMF disbursement of a third tranche, more than $3bn, to keep its financial system stable, cover a widening budget deficit and help pay for gas imports. Talks over additional multibillion-dollar loans to help Kiev pay for gas are also underway with the IMF and other western lenders, including the European Bank for Reconstruction and Development and the World Bank.
But with GDP in freefall and political rivalries and populism high ahead of a January 2010 presidential contest, Kiev’s lenders are seen as extra cautious. Viktor Yushchenko, president, has accused Ms Tymoshenko, his bitter rival, of suppressing GDP numbers to conceal the dire economic situation ahead of the presidential election in which both erstwhile allies are to clash with their Orange Revolution foe, Victor Yanukovich.
The GDP numbers appear less dramatic than estimates of a 25-30 per cent GDP drop (January-February) released by Mr Yushchenko in April. But “Ukraine, as expected, suffered the worst economic contraction in the Central & Eastern Europe region in the first quarter of 2009”, Austria’s Erste Group said in a July 1 report. “The figure is slightly better than officials and the market expected, however it is slightly worse than our base expectation of 18 per cent decline,” Erste said, forecasting that Ukraine’s annual GDP could contract by 12 per cent.
A recovery in steel, Ukraine’s main export, has been felt in recent months, but production levels are still only 60 per cent of last year’s levels. At least 1m of 46m Ukrainians are estimated to be out of work, but citizens have remained calm and studies show consumer confidence to be on the rebound.
Much concern hovers over the stability of Ukraine’s banks sector. It has stabilised a bit in recent months after last autumn’s run on deposits. The hryvnia lost about 40 per cent of its value last fall, but has stabilised at about 7.5 to the US dollar in recent months.
The government last month approved bailouts for three large banks, but Kiev’s credit market remains in a deep freeze. Many banks and companies are struggling to restructure billions of dollars worth of foreign debt that matures this year.


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Chris Arreola wants to figth Klitschko brothers

Posted by the Editor on July 2, 2009

News / 2 July 2009 | 12:24

Chris Arreola wants to figth Klitschko brothers

The U.S. boxer Chris Arreola invites Ukrainians Klitschko brothers and Russian Nickolay Valuev to hold the duel in the United States of America. According to the American boxer, Ukrainian brothers and Russians are champions of Europe, but not the whole world. Chris Arreola claimed this at a press conference on June 30, according to MIGnews.

As Liga reports with reference to boxingscene, American, 28 supposes European boxers who have champion title of various versions, are to come to USA and fight with him. According to Chris Arreola, he is worthy of the duel for the world champion. “The more time they give me, the better and more evil I become”, Chris Arreola stressed. As Arreola waits his turn on the outside looking in, biding his time and retooling body, Wladimir Klitschko, fresh of a win over piece-of-the-heavyweight-pie holder Ruslan Chagaev, awaits the winner of Eddie Chambers vs. Alexander Dimitrenko. Older brother Vitali looks to take a fight with former cruiserweight champion turned British heavyweight hopeful, David Haye.

To Arreola’s promoter Dan Goossen, the longer the heavyweight title remains overseas, the longer the division remains unexciting and irrelevant to the American fans, according to

“The [Soviets] haven’t caught the attention of the American and Mexican boxing fan out here in the United States,” said Goossen at an Arreola state-of-the-union press conference on Tuesday. “They’ve really taken our heavyweight division that was located in America for the last hundred-plus years and virtually made it a possession of Europe. I believe that the most important heavyweight in the world is Chris Arreola because he has all the intentions in the world of eventually bringing back that title to America.”


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Naftogaz to invite foreign experts to justify transit cost

Posted by the Editor on July 2, 2009

News / 2 July 2009 | 11:50

Naftogaz to invite foreign experts to justify transit cost

National joint stock company Naftogaz of Ukraine has decided to involve international advisers to determine a reasonable price for the transit of natural gas by the territory of Ukraine, the company’s press service reported.

The company says in the past few years the mass media spread a lot of expert statements on the optimal tariff for the transit of natural gas by the territory of Ukraine, and those assessments have a rather broad range, UkrInform reported.

“Beside this, consultations with European experts in the gas transport industry repeatedly confirmed economic expediency of the tariff, which was fixed in the January 19, 2009 agreement,” Naftogaz of Ukraine says.

In this connection, Naftogaz decided to involve an independent and prestigious western consulting company to provide those services, including both auditing companies of the Big Four and the world’s leading advisers on tariffing services in power industry, like Arthur D.Little.

Naftogaz of Ukraine hopes to receive a final report on the analytical work before the end of 2009.

Naftogaz of Ukraine and Russia’s Gazprom signed contracts on the supply and transit of natural gas to Europe. According to the contracts, this year the price of gas transit will be USD 1.7 per 1,000 cubic meters pumped along 100 kilometers. In 2010, the price of the transit is to increase to USD 2.4 – 2.6 per 1,000 cubic meters over 100 km.


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Naftohaz: No other gas importer to Ukraine

Posted by the Editor on July 2, 2009

News / 2 July 2009 | 11:00

Naftohaz: No other gas importer to Ukraine

The Naftohaz Ukrainy national joint stock company refutes information about another natural gas importer to Ukraine, the company’s press service told Ukrainian News.

Naftohaz Ukrainy declares it is the sole authorized supplier of Russian Gazprom’s national gas to Ukrainian consumers under the memorandum on cooperation in the gas industry the prime ministers of Ukraine and Russia signed on October 3, 2008.

The memorandum and Cabinet of Ministers’ resolution No 1729 of December 27, 2001 on providing consumers with natural gas serve as basis for drawing up foreign economic contracts on gas supplies, the statement said.

Today the two countries do not have any disputes over keeping gas balance.

“Any gas imports beyond the mentioned memorandum and the resolution can complicate execution of the contracts Ukraine and Russia concluded,” the statement said.

Naftohaz Ukrainy and Gazprom sign acts on transferring and delivering gas to Ukrainian consumers every month, and Naftohaz Ukrainy has not received any complaints from the Russian partners on this matter since the beginning of the year, according to the statement.

The Promhaz Ukrainy company is reported to have imported Russian gas to Ukraine since May 2009.

As Ukrainian News reported, Naftohaz Ukrainy is Ukraine’s sole importer of natural gas.


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