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Notaries Office of Kiev
Ukraine, Kiev, Krasnoarmiyska street, 23-À, of.22, subway station Lva Tolstogo
Telephone: 8(044) 228-4017
Mob. 8 (050) 462-8828, 8 (050) 462-7044

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Notaries in the Pecherskom district of Kiev
Ukraine, Kiev, Boulevard of Lesya Ukrainian, 24, of.4, subway station Pechersk
tel. 8(044) 228-4021
Mob. 8 (050) 462-3195
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News
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"International Monetary Fund officials have revised their position on a key issue - the budget deficit - in light of the worsening economic outlook. They have dropped their insistence on a budget deficit of 0-1 per cent of GDP, saying they could now accept 3 per cent, as proposed by Kiev, as long as other conditions were met. These include reform of foreign exchange policies and an overhaul of the troubled banking sector," the London newspaper reports.

«In compliance with the recommendations of the National Bank of Ukraine and in accordance with the reports of the clients, the managing board of Pryvatbank decided not to raise the interest rates on the loans in foreign currency for individuals,» the report said.

Russian President Dmitry Medvedev gave the position of his country in an interview with Spanish journalists in Moscow.

It is double the November capacity, a positive sign.

Savchenko gave his assessment on the Ukraina television channel on Friday evening.

OMAHA, Neb. – Warren Buffett says the economic turmoil that contributed to a 62 percent profit drop last year at the holding company he controls is certain to continue in 2009, but the revered investor remains optimistic.

These banks include: First Ukrainian International Bank, OTP Bank, Universal Bank, Raiffeisen Bank Aval, Swedbank Invest, Sberbank, UkrSibbank, Pivdennyi, Volksbank, IndustrialBank, Ukrsotsbank, AvtoKrAZbank.

He said that the legislation obliges individuals to pay the income tax and legal entities to pay the VAT during purchase of used cars, which makes the market of used cars have uncivilized and semi-legal pattern.

The National Bank of Ukraine (NBU) has notified banks about the responsibility for a groundless rise in loan rates.

«When we discussed the programme [between the IMF and Ukraine] in October-November 2008, we envisioned that the deficit might be too small. If the government manages to find real non-inflation sources of deficit financing, we may agree for the bigger deficit,» he said.

Ukrainian News learned this from a statement by the Ukrainian Credit Banking Union.

The talks on the formation of a free trade zone between Ukraine and the European Union are being dragged out by the European party, says deputy head of the parliamentary committee for economic policy Oleksiy Plotnikov of the Party of Regions.

"The government can support the borrowers, who had attracted the foreign currency loans and cannot service them fully at the moment. In particular, the government can select some borrowers, calculate their annual indebtedness and buy out their debts from the banks. These will be inconsiderable funds, but the help will be substantial for both borrowers and banks," the report said.

«The president won’t sign any additional declaration, as a document of this sort has not sense at all. The government offers a set of other statements and assurances disguising the fulfillment of the agreement signed with the IMF,» head of the Presidential Secretariat Viktor Baloha.

In January 2009, average wages fell by 16.8% to UAH 1,665 per month in comparison with December 2008, the State Statistics Committee has informed.

This is disclosed in the NBU resolution No.80 of February 19.

SINGAPORE - Oil prices extended losses for a second day Tuesday in Asia, falling near $38 a barrel, as a loss of investor confidence that the global economy will recover soon swept across stock and crude markets.
The hryvnia rate fell by 45 kopecks to 8.90 UAH/USD on the interbank currency market on Monday after a decrease on Friday.

In his words, Prime Minister Yulia Tymoshenko gave corresponding protocol order on making the necessary corrections to the tender legislation.

The bank announced this in a statement. «With the aim of raising the level of liquidity, work on restructuring the loan portfolio of the bank has been accelerated and a plan to recover problem and overdue debts that clients owe the bank has been approved. It has been decided that the total annual amount of recovered funds should not be less than UAH 1.2 billion,» the statement said.

The currency rate is unstable in Ukraine only on weekends, the head of the National Bank of Ukraine (NBU) Council Petro Poroshenko has said.
BERLIN - Europe said on Sunday it was time to get tough with tax havens and strictly oversee all financial markets as part of sweeping reforms to avoid future meltdowns.

Besides, Melnyk said that the committee lost control over the situation on the domestic market from the point of view of the fight against dangerous diseases.

The London newspaper reports that international banks are injecting $2 billion of new capital into their subsidiaries in crisis-hit Ukraine, in a rare flash of good news for the troubled economies of central and eastern Europe.

The National Bank of Ukraine said this in its monetary review.

Carlsberg Group in Ukraine posted a net loss of UAH 293 million in 2008 compared with a net profit of UAH 43 million in 2007, the financial director of Slavutych, Carlsberg Group (formerly BBH Ukraine) Oleksandr Hoviadyn said at a press conference in Kyiv on Thursday.

The hryvnia rate fell by 10 kopecks to 8.25 UAH/USD on the interbank currency market on Wednesday after falling on Tuesday.

Ukrainian News learned this from a statement by the press service of the Verkhovna Rada citing President of the European Bank for Reconstruction and Development Thomas Mirow.

LONDON - German car manufacturer BMW AG is shedding around 850 jobs at its Mini plant in Oxford, central England, as it cuts back production in the wake of a 35 percent slump in sales.

"He was dismissed in compliance with the order No.66 of February 11, 2009," the report said.

In December, Ecuador became the first country to buckle under the current financial crisis and default on its loans. Will Ukraine be the next?

"This week the provisional administration has axed the bank expenditure, including general administrative expenses, optimised structure and number of the bank employees, payment of wages, pensions, utility bills and other social welfare," the statement says.

This is disclosed in the order of the Transport and Communication Ministry No.42 of January 20.

Pavlo Sultanskyi, the director of the economic cooperation department of the Ukrainian Ministry of Foreign Affairs, said this during a meeting of the press club in Kyiv.

President Viktor Yushchenko opposes the rash privatization of the state property, the presidential press service said.

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