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Ukraine is de facto bankrupt – Swedish FM

April 13, 2014 By administrator

Ukraine de facto is bankrupt, the head of Sweden’s Foreign Minister Carl Bildt believes. Mr. Bildt said this during his visit to the Ukrainian city of Odessa on Saturday, the Voice of Russia Ukrain is defacto bankraptreports.

Local media sources also quote him as saying that Ukraine is suffering from deep-rooted corruption.

Carl Bildt qualifies the current situation in Ukraine’s economy as really bad but hopes that it will become better from the package of reforms that is financed by the IMF. He hopes that the new Ukrainian government will take measures that will save the country’s economy from being officially recognized as bankrupt.

The West is offering voluminous help to Ukraine, Mr. Bildt adds, but will exercise tough control to prevent this money from being pocketed by any individuals.

On March 27, Arseny Yatsenyuk, who has been appointed Ukraine’s Prime Minister by the country’s parliament, said that in 2014, the inflation rate in Ukraine will probably reach 12 to 14%. Besides, according to his estimations, the total volume of fiscal deficit has already exceeded 289 bln grivnas (which equals about $ 28 bln).

“Ukraine is on the edge of economic and financial bankruptcy,” Arseny Yatsenyuk says. “It lacks money. The total volume of the fiscal deficit equals 289 bln grivnas”.

Filed Under: Articles Tagged With: de facto bankrupt, Sweden, Ukraine

Clashes erupt as Kharkov protesters declare independence

April 8, 2014 By administrator

Police have clashed with anti-coup protesters in Kharkov in an effort to push the crowd back from the administration building. Earlier, activists in the second-largest Ukrainian city followed those in Donetsk and proclaimed a BkpYJwYCAAArF4E.jpg_largePeople’s Republic of Kharkov.

Clashes erupted near the Kharkov administration on Monday evening after police reportedly tried to vacate the building, which was partially occupied by pro-independence protesters. Kharkov demonstrators took control of the building earlier in the day, after proclaiming independence of the region from Kiev.

Police reportedly used fire-hoses, stun grenades, and tear gas to push the crowd back from the building. In response, protesters threw several Molotov cocktails at the building and set a pile of tires on fire. The blaze soon spread to the first floor of the building.

Activists at the scene said the law enforcement officers who used force against protesters had been deployed from western Ukraine. According to some witnesses, the violence was initially triggered by a group of provocateurs. Earlier in the day, pro-EU demonstrators clashed with supporters of the federalization of Ukraine.

Eventually, a group of local police outside the administration building moved in to push protesters back, allowing fire crews to extinguish the blaze. The building was slightly damaged by the blaze, and several windows were broken in scuffles.

Witnesses at the scene reported that demonstrators were still in control of the government building after the tensions eased.

Earlier on Monday, speaking through a loudspeaker in the hall of the city’s regional administration building, an activist could be heard saying that the issue of Kharkov becoming a sovereign state independent from Ukraine will be decided by a regional referendum. A crowd of demonstrators responded to the statement with cheers.

Kharkov protesters erected barricades around administrative buildings and the regional headquarters of the Security Service of Ukraine on Monday. Brief clashes between supporters of the federalization of Ukraine and pro-EU demonstrators were reported in downtown Kharkov. Protesters on both sides reportedly used firecrackers and stun grenades.

Anti-coup protesters in Donetsk proclaimed on Monday the creation of a People’s Republic of Donetsk after seizing the local administration building on Sunday night.

The situation remains tense in the port city of Mariupol in the Donetsk region, where pro-Russian activists on Saturday stormed the Prosecutor’s Office building, demanding the release of detained “people’s mayor” Dmitry Kuzmenko.

A demonstration against political repression in Ukraine is also being held in the southern regional center of Odessa.

In a rare incident, Dnepropetrovsk city authorities moved to negotiate with the anti-government activists. According to the region’s vice governor, Boris Filatov, both the “left-wing” and the pro-Russian protesters agreed to refrain from “calls for separatist actions.” In return, the authorities said they will let the activists use some cabinets in the administrative buildings for their “meetings and work,” as well as provide them with “free access” to local printed media.

Filed Under: Articles Tagged With: Kharkov, Russia, Ukraine

Ukraine far-right nationalists attack parliament building

March 28, 2014 By administrator

Hundreds of Ukrainian far-right nationalists have attacked the parliament building in Kiev, demanding the interior minister’s resignation after one of their leaders was killed.

356271_Ukraine-crisisOn Thursday evening, members of the so-called Right Sector smashed windows of the building and demanded the resignation of Interior Minister Arsen Avakov for failing to restore stability in the crisis-hit country.

The protesters said Avakov was responsible for the death of one of their leaders, Oleksandr Muzychko, who was shot dead in a police raid in the western city of Rivne on Monday.

Muzychko was known for his radicalism, attacks on local officials in Kiev and refusing to give up arms after the new authorities came to power.

The Ukraine crisis began last November, after the country’s then president, Viktor Yanukovych, refrained from signing a deal with the European Union in favor of closer ties with neighboring Russia.

The refusal triggered months of unrest that led to the ouster of Yanukovych on February 23. He then travelled to Russia, where he was given sanctuary.

Filed Under: Articles Tagged With: Ukraine

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