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Archive for April, 2010

Putin proposes Gazprom, Naftogaz create joint enterprise

Posted by the Editor on April 30, 2010


News / 30 April 2010 | 17:48

Putin proposes Gazprom, Naftogaz create joint enterprise

Putin proposes Gazprom, Naftogaz create joint enterprise

Russian Prime Minister Vladimir Putin proposed on Friday that Russia’s energy giant Gazprom and Ukraine’s gas monopoly Naftogaz should create a joint holding.

Earlier on Friday, head of Russia’s state nuclear corporation Rosatom, Sergei Kiriyenko, said Russia and Ukraine may create a joint nuclear enterprise on the basis of Russia’s Atomenergomash and Ukraine’s Turboatom companies.

“We are ready to do the same in the gas sphere. I have suggested uniting Gazprom and Naftogaz,” Putin said, RIA Novosti reported.

“We are ready to discuss the possibility of assets swap, which actually is a merger of the two companies,” Gazprom head Alexei Miller told journalists.

He added that consultations and negotiations on this issue would start right after May holidays in Moscow, or after May 10.

ForUm

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Putin proposes Gazprom, Naftogaz create joint enterprise

Posted by the Editor on April 30, 2010


News / 30 April 2010 | 17:48

Putin proposes Gazprom, Naftogaz create joint enterprise

Putin proposes Gazprom, Naftogaz create joint enterprise

Russian Prime Minister Vladimir Putin proposed on Friday that Russia’s energy giant Gazprom and Ukraine’s gas monopoly Naftogaz should create a joint holding.

Earlier on Friday, head of Russia’s state nuclear corporation Rosatom, Sergei Kiriyenko, said Russia and Ukraine may create a joint nuclear enterprise on the basis of Russia’s Atomenergomash and Ukraine’s Turboatom companies.

“We are ready to do the same in the gas sphere. I have suggested uniting Gazprom and Naftogaz,” Putin said, RIA Novosti reported.

“We are ready to discuss the possibility of assets swap, which actually is a merger of the two companies,” Gazprom head Alexei Miller told journalists.

He added that consultations and negotiations on this issue would start right after May holidays in Moscow, or after May 10.

ForUm

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Ukraine awaiting $19 billion IMF credit to be agreed in June

Posted by the Editor on April 30, 2010


News / 30 April 2010 | 14:33

Ukraine awaiting $19 billion IMF credit to be agreed in June

Ukraine awaiting $19 billion IMF credit to be agreed in June

(Reuters) An International Monetary Fund mission will visit Ukraine next month for talks on a new credit program that the government hopes the Fund will agree to in June, Deputy Prime Minister Sergey Tigipko said on Thursday.

Tigipko, speaking on his return from a week of talks in Washington with IMF officials, said Ukraine was seeking a $19 billion program though he said the Fund had not given a firm answer on this.

A senior IMF official said on Wednesday that the ex-Soviet republic needed to provide more detail on fiscal and financial reform plans before loose ends on a new multi-billion-dollar program could be tied up.

A $16.4 billion bailout program was suspended last year by the IMF because the previous Ukrainian leadership reneged on pledges of financial restraint.

Tigipko said the IMF, whose mission would arrive in Kiev on May 17, was particularly focused on revenue figures in the government’s 2010 budget which has just been approved by parliament.

ForUm

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Prosecutor Office opened criminal case against former government

Posted by the Editor on April 30, 2010


News / 30 April 2010 | 12:49

Prosecutor Office opened criminal case against former government

Prosecutor Office opened criminal case against former government

Ukraine’s Prosecutor General’s Office (PGO) has opened a criminal case on the violation of legislation on the budget system in 2009.

The PGO press service said that prosecutors had checked the observance of legislative requirements when using budgetary funds received in 2009 from the sale of part of the assigned amount of greenhouse gas emissions, in accordance with Article 17 of the Kyoto Protocol to the United Nations Framework Convention on Climate Change.

Initial inquiry showed that following the endorsement by former officials of the Cabinet of Ministers and the Finance Ministry of legal acts contrary to the requirements of the law on the state budget for 2009, the State Treasury had changed the purpose of funds from the state budget’s special fund, which were received from the sale of part of the assigned amount of greenhouse gas emissions worth UAH 2.3 billion (UAH 7.93 / USD 1).

ForUm

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Ukraine awaiting $19 billion IMF credit to be agreed in June

Posted by the Editor on April 30, 2010


News / 30 April 2010 | 14:33

Ukraine awaiting $19 billion IMF credit to be agreed in June

Ukraine awaiting $19 billion IMF credit to be agreed in June

(Reuters) An International Monetary Fund mission will visit Ukraine next month for talks on a new credit program that the government hopes the Fund will agree to in June, Deputy Prime Minister Sergey Tigipko said on Thursday.

Tigipko, speaking on his return from a week of talks in Washington with IMF officials, said Ukraine was seeking a $19 billion program though he said the Fund had not given a firm answer on this.

A senior IMF official said on Wednesday that the ex-Soviet republic needed to provide more detail on fiscal and financial reform plans before loose ends on a new multi-billion-dollar program could be tied up.

A $16.4 billion bailout program was suspended last year by the IMF because the previous Ukrainian leadership reneged on pledges of financial restraint.

Tigipko said the IMF, whose mission would arrive in Kiev on May 17, was particularly focused on revenue figures in the government’s 2010 budget which has just been approved by parliament.

ForUm

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Press freedom still suppressed in Ukraine – monitoring

Posted by the Editor on April 30, 2010


News / 30 April 2010 | 11:05

Press freedom still suppressed in Ukraine - monitoring

Press freedom still suppressed in Ukraine – monitoring

US nongovernmental organization Freedom House monitoring over the global level of democracy has made its annual rating of mass media freedom, in which Ukraine ranks 117th, between Mexico and Lebanon.

In 2009, FH says, the situation in Ukraine somewhat improved thanks to fewer attacks on reporters, as well as a broad variety of opinions and media owners.

Russia is the 174th on the list.

Among the worst ten there are Belarus (188th), Uzbekistan (199th) and Turkmenistan (194th).

The best in the post-Soviet space by the speech freedom situation is Estonia (14th).

On the very top of the list there are Iceland, Norway and Finland, and on the bottom North Korea.

The survey shows global press freedom declining in 2009, with setbacks registered in nearly every region of the world. 2009 marked the eighth straight year of overall deterioration.

According to Freedom House, repression of print and broadcast journalism remains in place, while the internet and other new media have also been a focus of growing tension.

Only 16% of the world’s inhabitants live in countries with a “Free” media, while 44% have a “Partly Free” media and 40% “Not Free,” the survey said.

ForUm

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Prosecutor Office opened criminal case against former government

Posted by the Editor on April 30, 2010


News / 30 April 2010 | 12:49

Prosecutor Office opened criminal case against former government

Prosecutor Office opened criminal case against former government

Ukraine’s Prosecutor General’s Office (PGO) has opened a criminal case on the violation of legislation on the budget system in 2009.

The PGO press service said that prosecutors had checked the observance of legislative requirements when using budgetary funds received in 2009 from the sale of part of the assigned amount of greenhouse gas emissions, in accordance with Article 17 of the Kyoto Protocol to the United Nations Framework Convention on Climate Change.

Initial inquiry showed that following the endorsement by former officials of the Cabinet of Ministers and the Finance Ministry of legal acts contrary to the requirements of the law on the state budget for 2009, the State Treasury had changed the purpose of funds from the state budget’s special fund, which were received from the sale of part of the assigned amount of greenhouse gas emissions worth UAH 2.3 billion (UAH 7.93 / USD 1).

ForUm

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Press freedom still suppressed in Ukraine – monitoring

Posted by the Editor on April 30, 2010


News / 30 April 2010 | 11:05

Press freedom still suppressed in Ukraine - monitoring

Press freedom still suppressed in Ukraine – monitoring

US nongovernmental organization Freedom House monitoring over the global level of democracy has made its annual rating of mass media freedom, in which Ukraine ranks 117th, between Mexico and Lebanon.

In 2009, FH says, the situation in Ukraine somewhat improved thanks to fewer attacks on reporters, as well as a broad variety of opinions and media owners.

Russia is the 174th on the list.

Among the worst ten there are Belarus (188th), Uzbekistan (199th) and Turkmenistan (194th).

The best in the post-Soviet space by the speech freedom situation is Estonia (14th).

On the very top of the list there are Iceland, Norway and Finland, and on the bottom North Korea.

The survey shows global press freedom declining in 2009, with setbacks registered in nearly every region of the world. 2009 marked the eighth straight year of overall deterioration.

According to Freedom House, repression of print and broadcast journalism remains in place, while the internet and other new media have also been a focus of growing tension.

Only 16% of the world’s inhabitants live in countries with a “Free” media, while 44% have a “Partly Free” media and 40% “Not Free,” the survey said.

ForUm

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