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Poroshenko Bloc calls for reform of Ukrainian energy sector

KIEV, Oct. 29 - The Petro Poroshenko Bloc has proposed that a coalition agreement should envision the reform of the energy sector in Ukraine.

"We will ensure the drawing of large-scale private investments in the energy sector. To increase our own production of gas, oil, and coal, we will diversify the sources of supplies of gas (not more than 30% of consumption per one supplier) and fuel for nuclear power plants in order to increase competition among suppliers and lower the level of monopolization and isolation of the Ukrainian energy market," a draft coalition agreement published on Tuesday says.


EP president and Poroshenko reiterate opposition to separatist votes

KIEV, Oct. 29 - European Parliament President Martin Schulz and Ukrainian President Petro Poroshenko called the elections the pro-Russian separatists are planning to hold in separate districts in Donetsk and Luhanks regions on November 2 unacceptable and in contravention of Ukrainian laws and the Minsk agreements, the Ukrainian presidential press service said.


Poroshenko Bloc won most support in recent election, says DPM

KIEV, Oct. 29 - Petro Poroshenko Bloc has won the most support among Ukrainians in the latest elections and will form the largest faction in the new Verkhovna Rada, said Volodymyr Hroisman, one of the party leaders and Deputy Prime Minister.


Poroshenko Bloc calls for suspension of transfer of seaports

KIEV, Oct. 30 The suspension of the transfer of seaports to the long-term concession and their privatization after stabilizing the situation in the eastern part of Ukraine is foreseen in a draft coalition agreement of the Petro Poroshenko Bloc posted on its Web site early Wednesday.


Yanukovych signs law writing off arms producers natgas, other debts

KIEV, Oct. 30 President Viktor Yanukovych has signed laws passed by parliament this fall that calls for writing off and restructuring debts of arms producers under Ukroboronprom concern.

Yanukovych signed the law to ensure the producers can continue operation and expansion.


Ukrainian elections fail to comply with European standards: analyst

BRUSSELS, Oct. 30 - Ukraines parliamentary elections has failed to comply with the European practice and that is unlikely to normalize relations between Kiev ad Brussels, Olga Shumylo-Tapiola, an expert of Carnegie Europe in Brussels, said.

The European Union leaders' statements indicate that Kiev has beaten its own record in manipulation techniques, especially on the polling day and during the vote count, she said.


Yanukovych faces pressure over vote

KIEV, Oct. 30 President Viktor Yanukovych on Tuesday faced growing international pressure over flawed parliamentary elections after the U.S. had joined European organizations to express concerns over the handling of the vote.

The growing criticism may potentially put at risk Ukraines relations with the West and may effectively delay the countrys political association and a free trade agreement with the European Union.


Agriculture trade group calls on president to OK VAT refund changes

KIEV, Oct. 28 The Ukrainian Agribusiness Club has called on Ukrainian President Viktor Yanukovych to sign law No. 8521 on amendments to the Tax Code, as the value added tax refunds restored by the law will allow farmers to obtain income to finance the future harvest.


EU delegation chief urges progress on Ukraine association deal

KIEV, Oct. 28 The association agreement between Ukraine and the EU is intended, first and foremost, for Ukrainian citizens, said Jose Manuel Pinto Teixeir, head of the delegation of the European Union to Ukraine, adding, We would like to complete this process."


Ukraine to seek compromises with IMF ahead of parliamentary elections

KIEV, Oct. 29 - Ukraine, pressed by the IMF to enact unpopular reforms, is likely to seek a compromise on some of the Fund's tougher demands in a bid to retain political capital ahead of parliamentary elections next year, Reuters reported, citing analysts.


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USD 27.06 26.92
RUR 0.470 0.467
EUR 29.18 29.09

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