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Nation    

PM details plan to pay bank debts, moderating inflationary concerns
Journal Staff Report

KIEV, Dec. 26 – Prime Minister Yulia Tymoshenko on Wednesday for the first time detailed her controversial plan for payments of billions of hryvnias in failed Soviet-era bank debts, suggesting the payments will be moderate.

The comments have been eagerly watched by analysts amid concerns that Tymoshenko’s original massive payment plan would spur inflation to about 40% in 2008 from about 16% in 2007.




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Currencies (in hryvnias)
  26.11.2024 prev
USD 41.44 41.32
RUR 0.399 0.402
EUR 42.47 42.99

Stock Market
  25.11.2024 prev
PFTS 507.0 507.0
source: PFTS

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