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Archive for September 21st, 2010

NBU governor against introduction of tax on deposits

Posted by the Editor on September 21, 2010


News / 21 September 2010 | 17:08

NBU governor against introduction of tax on deposits

NBU governor against introduction of tax on deposits

The introduction of a tax on individuals’ income received from the placement of funds on bank deposits may have a negative effect on Ukraine’s financial system, NBU Governor Volodymyr Stelmakh said, commenting on a respective initiative in the draft Tax Code, National radio reported.

Governor of the National Bank of Ukraine noted that the introduction of the tax on deposits could lead to undesirable consequences, such as a rise in the price of loans or the withdrawal of the public’s funds from deposits to cash, which would entail the pressure on the commodity market and inflation.In addition, the NBU head said that it would be very difficult to administer the tax on income from deposits.

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President supports more active dialog with Ukrainian diaspora

Posted by the Editor on September 21, 2010


News / 21 September 2010 | 14:40

President supports more active dialog with Ukrainian diaspora

President supports more active dialog with Ukrainian diaspora

Ukrainian President Viktor Yanukovych has sent a letter to the  Ukrainian Congress Committee of America (UCCA), which stresses the need to establish a more active dialog between the Ukrainian authorities and the Ukrainian diaspora,  UKRINFORM reported, with reference to the presidential press service.

In his letter to representatives of the Ukrainian diaspora, the president, first and foremost, outlined the main principles of Ukraine’s foreign and home policy, and also expressed his position concerning relations with Ukrainians living abroad.

“I called, in particular, for a constructive dialog with the Ukrainian diaspora. I am ready to explain and interpret each of our steps. I want Ukrainians around the world to help their homeland find a way out of the difficult situation and not to impede this,” reads the letter.

Yanukovych called on representatives of the diaspora to unite for the sake of realizing common Ukrainian interests. “I want all of us to defend the interests of our country. And I want you, there in America, to come out with slogans supporting your homeland and slogans supporting Ukraine. And not vice versa. We should speak all over the world with one voice – with the voice of Ukrainian national interests,” he said.

Earlier, President of the Ukrainian Congress Committee of America Tamara Gallo said that the UCCA regretted that Ukrainian President Viktor Yanukovych, during his visit to Washington in April 2010, had found no time to meet with representatives of this largest organization of the Ukrainian diaspora.

She said that the organization had previously sent a formal request for a meeting with the Ukrainian leader who participated in a nuclear security summit, but had received no response or explanation.

The Ukrainian Congress Committee of America (UCCA) also published an open letter in which it called on President Viktor Yanukovych to reinstate a section on the Holodomor Famine of 1932-1933 on his official website.

Sections dedicated to the tragedy of the Holodomor of 1932-1933 have been recently posted on the president’s official website again.

The UCCA was set up in 1940. According to the organization, it represents the interests of 1.5 million Americans of Ukrainian descent, and many Ukrainian citizens who now live in the United States.

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Tymoshenko: Ukraine’s democracy is regressing considerably

Posted by the Editor on September 21, 2010


News / 21 September 2010 | 12:49

Tymoshenko: Ukraine's democracy is regressing considerably

Tymoshenko: Ukraine’s democracy is regressing considerably

Yulia Tymoshenko has warned of dangerous trends in the political situation in Ukraine, including the introduction of censorship, human rights abuses, government persecution of political opponents and lack of political competition.

“The political situation in Ukraine has changed radically. The country is moving towards authoritarianism,” Yulia Tymoshenko said today during a meeting with Mevlut Cavusoglu, President of the Parliamentary Assembly of the Council of Europe (PACE).

“Even in recent weeks we have new evidence that points to a significant setback in democracy in Ukraine, including the scandalous end to the Gongadze case, two television channels being deprived of their frequencies, and an environment in which it is impossible to hold fair elections,” said Yulia Tymoshenko.

She believes the PACE Monitoring Committee must provide an assessment of events in Ukraine. “For our country to become a member of the EU and return to a democratic course the people of Ukraine need the Monitoring Committee’s report to reflect the current realities.”

Mevlut Cavusoglu underscored that the opposition’s views on problems in Ukraine are important for PACE and announced that its co-rapporteurs will soon visit the country. “Our co-rapporteurs will visit Ukraine next week and their report on the state of democracy in Ukraine will be debated during the Assembly’s plenary session in October,” he said.

The PACE President also suggested the Yulia Tymoshenko meet with the PACE Monitoring Committee’s co-rapporteurs next week.

Yulia Tymoshenko thanked Mevlut Cavusoglu for including Ukraine on the agenda for the PACE session, noting the added importance of the visit by their representatives.

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Head of State meets PACE President

Posted by the Editor on September 21, 2010


News / 21 September 2010 | 11:02

Head of State meets PACE President

Head of State meets PACE President

President of Ukraine Viktor Yanukovych met with President of the Parliamentary Assembly of the Council of Europe Mevlut Cavusoglu, presidential press office reported.

Viktor Yanukovych praised the opportunity to exchange views with Mevlut Cavusoglu on the key issues of Ukraine’s development on the eve of the Parliamentary Assembly October session.

“I evaluate our cooperation and the 2008-2011 Action Plan as successful,” Viktor Yanukovych said, stressing that the document directly coincides with the steps that the Government of Ukraine is implementing in the context of reforms in our state.

Speaking of reforms, the President noted that Ukraine is already reforming the judiciary and criminal justice. “All these measures definitely contribute to protection of human rights and the fight against money laundering,” Viktor Yanukovych stressed.

In this context, the President praised practical steps towards judicial reform, in particular, conducting the 10th Extraordinary Congress of Judges of Ukraine, which has opened the way to implementation of the Law on Judicial System and Status of Judges.

“This step will strengthen the independence of judges and simplify the procedure of access to justice for every citizen,” Viktor Yanukovych said.

The President also noted that he had signed the Decree establishing a working group on reforming the system of criminal justice, so that it could make preliminary suggestions on reforms in this area to ensure better protection of constitutional rights of citizens and implementation of international democratic standards.

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