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Archive for December 23rd, 2009

Ukraine may get IMF loan after State Budget is adopted

Posted by the Editor on December 23, 2009


News / 23 December 2009 | 17:48

Ukraine may get IMF loan after State Budget is adopted

Prime Minister Yulia Tymoshenko has said that Ukraine may obtain the next tranche of the IMF loan only after the Verkhovna Rada adopts the State Budget for 2010.

By the end of this year, the Ukrainian government and IMF plan to approve a decision on further cooperation. “This is a completely different model of cooperation that does not involve additional borrowing of money,” she explained.

According to the Prime Minister, the State Budget for 2010 was not adopted because parliament refused to consider it.

“The fact that the country is entering 2010 without a budget is the direct responsibility and fault of those parliamentary factions that didn’t consider the budget that was submitted by the government on time”, Yulia Tymoshenko said during a press conference in the Cabinet of Ministers.

Yulia Tymoshenko stated that the government does not agree with the decision of the Verkhovna Rada to return the draft bill on the state budget for 2010 for revision. “We don’t consider the budget as subjected for revision. It remained in parliament. The parliament failed to fulfill its functions,” she explained.

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Tymoshenko launches the first unit of Dnister Hydroelectric Power Plant

Posted by the Editor on December 23, 2009


News / 23 December 2009 | 16:26

Tymoshenko launches the first unit of Dnister Hydroelectric Power Plant

On December 22 the Dnister Hydroelectric Power Plant – the largest in Europe – was put into operation. Prime Minister Yulia Tymoshenko was given the well-earned right to press the start button on the plant’s first unit.

“In this crisis year we finished the construction of the largest hydroelectric power plant in the EU and CIS – the Dnister Hydroelectric Power Plant. Construction had been stalled for 25 years, since Soviet times.” Yulia Tymoshenko noted. The launch of the first unit, she added, is the realization of the government’s energy strategy for Ukraine through 2030.

Meanwhile, the chairman of the board of OJSC Ukrhidroenerho, Semen Potashnik, assured the Prime Minister that the construction of the Dnister Hydroelectric Power Plant will be completed on time. “I want to assure Yulia Tymoshenko that the government’s decisions to launch the second unit in 2011 and the third unit in 2012 will be implemented,” he said.

The Dnister HPP is one of the largest pumped storage electric power plants in the world. Construction began in 1983. Its main function is to regulate the frequency and schedule of the load on the Ukrainian electricity system and build an emergency reserve of electricity.

According to designs, the Dnister HPP (7 pump-turbines) will have an electrical output of 2268 megawatts in generating mode and 2947 megawatts in pumping mode. The station will have seven identical pumping units.

The overall cost of the project is 5.8 billion hryvnia.

The first unit is planned to produce 240 million kilowatt-hours of electricity in 2010. The second and third units will be operational in 2011 and 2012, respectively. The 7 planned units will have a total capacity of close to 2.5 million kilowatts.

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Yushchenko initiates establishment of brain institute in Ukraine

Posted by the Editor on December 23, 2009


News / 23 December 2009 | 14:45

Yushchenko initiates establishment of brain institute in Ukraine

President Viktor Yushchenko met Ukrainian neurosurgeon, MD, Prof. Andriy Slyusarchuk to discuss the establishment of Brain Institute in Ukraine.

The aim of the research institute will be ensuring an integrated approach to detection and treatment of brain diseases and introduction of modern methods of prevention and treatment, the presidential press-service has reported.

The head of state issued a decree envisaging the creation of Brain Institute as the main scientific-research institution on defining the priority directions of brain research, conducting fundamental and applied researches in neurology, physiology, psychiatry and neurorehabilitation, developing, introducing and implementing brain research programs, advanced technologies in this area.

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President demands adequate financing of preparation to 2010 election

Posted by the Editor on December 23, 2009


News / 23 December 2009 | 12:54

President demands adequate financing of preparation to 2010 election

President wrote a letter to Prime Minister of Ukraine Yulia Tymoshenko, in which he said that in accordance with the information from the Central Election Commission of Ukraine, on December 18, 2009 only 0.6% of the funds required in 2009 were provided for the expenditures within the framework of preparation to 2010 Presidential election.

“To ensure constitutional electoral rights of citizens of Ukraine I ask to take immediate measures to fully allocate the funds to cover expenditures of the Central Election Commission and district election commissions”, said Viktor Yushchenko in the letter.

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45% to vote for Yanukovych, Tymoshenko, expert says

Posted by the Editor on December 23, 2009


News / 23 December 2009 | 11:11

45% to vote for Yanukovych, Tymoshenko, expert says

45% of Ukrainian population are ready to vote for the frontrunners of the current presidential race, Viktor Yanukovych and Yulia Tymoshenko, according to UKRINFORM.

A month before the 2004 polls, 75% of the population were ready to support the election race leaders. These figures were made public at Monday’s press conference on political challenges of 2009 by Oleksandr Paliy, expert with the External Policy Institute to the Diplomatic Academy of the Foreign Affairs Ministry of Ukraine.

In his opinion, the situation owes to the fact that the majority of the current presidential candidates are holding “money” campaigns.

Paliy pointed out that the allies of many political leaders adhere to purely mercantile principles, when they have certain material benefits for their support, and desert to another camp as soon as their leader leavers the field. There is also a great dependence of the current presidential candidates on business ties, which may be broken with they transfer to opposition, the expert says.

The Voting Day in January 17, 2010.

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