NABU: Introduction of bankruptcy of physical persons should help develop country
Source: Forum
Kiev :: Ukraine | updated 2013-05-24 04:30:47 -0700 | business-news
Roman Shpek said at the round table, ForUm correspondent reports...He also added that the bankruptcy of physical persons should not mean that the amount of write-offs of bank funds becomes a subject to tax. "Bankruptcy is a disaster, but civilized...
Despite depressed economy, international franchisers expand on Czech market
Source: Radio Prague
Kiev :: Ukraine | updated 2013-05-22 08:07:30 -0700 | business-news
At a time of recession and falling household spending, both domestic and international franchisers say there are good opportunities in the Czech Republic in terms of labour and real estate costs. We are planning to have a franchisee within the...
Ukraine, Belarus trade and economic relations have great potential, Prasolov says
Source: Forum
Kiev :: Ukraine | updated 2013-05-24 06:14:39 -0700 | business-news
He said this, speaking at the 22nd session of the intergovernmental Belarusian-Ukrainian commission for trade and economic cooperation, chaired by vice Prime Minister of Ukraine Serhiy Arbuzov. "Now, Ukrainian-Belarusian trade turnover stands at pre-crisis level.
NBU sales 26 thousand bullion coins already
Source: Forum
Kiev :: Ukraine | updated 2013-05-22 01:40:04 -0700 | business-news
According to her, such volume of sales evidence interest of population in that group of coin production, which is a reliable tool of saving money and investing. She also stressed that the NBU conducts a transparent pricing policy on the...
China Comes To Ukraine
Source: Forbes
Kiev :: Ukraine | updated 2013-05-20 05:36:06 -0700 | business-news
China China, a Chinese group art show, is now on the display at the Pinchuk Art Centre in Kyiv, Ukraine. The exhibit features eleven contemporary artists, including Ai Weiwei's installation Forever Bicycle and his 32 pieces of tree trunks of...
Cabinet asks MPs to support government bills
Source: Forum
Kiev :: Ukraine | updated 2013-05-20 04:59:13 -0700 | business-news
She stressed that this week the Parliament is to consider seven social bills relating to the management of property rights to real property, as well as bills on medical reform, including emergency medicine, etc. Lukash also asked MPs to expedite...
Yanukovych thanks bankers for conscientiousness and hard work
Source: Forum
Kiev :: Ukraine | updated 2013-05-20 02:25:16 -0700 | business-news
Ukrainian President Viktor Yanukovych said this in his greeting to employees of the banking sector on the occasion of their professional holiday, the presidential press service reported. "The modern infrastructure of the banking system ensures high-quality services to the innovative...
Europe And Ukraine: So Close Yet So Far.
Source: Forbes
Kiev :: Ukraine | updated 2013-05-17 06:42:29 -0700 | business-news
Ukraine is only six months away from the possibility of signing a trade and cooperation pact with the European Union known as the Association Agreement. How much progress has been made in preparations for this important milestone? The EU at...
Ukraine extends exporters' mandatory foreign currency sales
Source: The Economic Times
Kiev :: Ukraine | updated 2013-05-23 22:46:53 -0700 | business-news
Ukraine's central bank extended on Friday a rule requiring exporters to convert half of their foreign currency revenues into local currency, in a widely expected move aimed at underpinning the country's currency peg. The Ukrainian hryvnia has been pegged at...
There are no wage arrears to state employees, Finance Ministry assures
Source: Forum
Kiev :: Ukraine | updated 2013-05-17 04:19:04 -0700 | business-news
In addition, according to the deputy minister, the Finance Ministry instructed the State Treasury to provide the local budgets with loans to ensure timely payment of wages, vacation pays and financial assistance for rehabilitation of teachers. He also noted that...
Introduction of financial papers is voluntary and temporary norm, official says
Source: Forum
Kiev :: Ukraine | updated 2013-05-16 06:16:38 -0700 | business-news
Commenting on the findings of opposition MPs about hazards of the bill, he stressed that the introduction of financial bills is not dangerous for taxpayers. "It's safe...Ed.) will exist and the state will pay it, when there are sufficient funds,"...
Money Supply: Five quick takeaways from eurozone GDP
Source: Financial Times
Kiev :: Ukraine | updated 2013-05-15 06:41:59 -0700 | business-news
About this blog Blog guide Chris Giles has been the economics editor of the Financial Times since 2004. Based in London, he writes about international economic trends and the British economy. Before reporting economics for the Financial Times, he wrote...
Budget revenues increase, Klimenko says
Source: Forum
Kiev :: Ukraine | updated 2013-05-15 05:32:34 -0700 | business-news
If we talk about trends, then in four months, consolidated budget got 134.7 billion UAH, which is 7.9 billion UAH more than during the same period last year. Growth rate makes up about 6.6%, which is far ahead of macroeconomic...
German RWE interested in Ukrainian gas storage facilities
Source: Forum
Kiev :: Ukraine | updated 2013-05-23 23:54:42 -0700 | business-news
However, not only this company has expressed a desire to keep natural gas in our storage facilities...However, according to the minister, these companies have not submitted a formal application for the use of domestic gas storages. "At the moment these...
‘East Europe bad debt legacy holds back recovery'
Source: Times of Oman
Kiev :: Ukraine | updated 2013-05-11 09:38:50 -0700 | business-news
Delinquent loans in eastern European countries including Hungary, Ukraine, Slovenia and the Balkans are holding back economic recovery and may prevent capital from being spent productively, a study showed. A total of 135 billion euros ($175 billion) of loans, or...
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