Friday, September 30, 2011

World production of aluminum has increased by 5,8%

World aluminum production in March 2011 compared with March 2010 increased by 5,8% and amounted to 2.164 million tons. This is illustrated by International Aluminium Institute. Compared with the previous month release winged metal on the world market increased by 11%. Nevertheless, this statistic does not account for the production of aluminum in China. Overall, the I quarter of this year's production volumes of metal in the world have increased over the same period last year to 6,9%. Recall that the production of aluminum on the world market in January-February 2011 compared with the same period of 2010 increased by 3,3% and amounted to 6.672 million tons. In this case, the average daily production of winged metal in the world increased from 109.4 tons to 113.1 tons. In the International Aluminium Institute also added that in February, the world aluminum production totaled 3,253,000 tons. The average daily production of the metal has reached 116.2 thousand tons. Ministry of Industry

Customs will facilitate monitoring of imported goods in containers

A joint project of the order of the Ministry of Economy Ministry, State Customs Service "Amendments to the Order of the Ministry of Economy Ministry, State Customs Service from 30.07.2009 № 789/414/709". The document is published on the official website of the State Customs Service of Ukraine. Specified project envisages changes to the procedure of customs clearance of imported goods in containers and packaging materials, approved by Decree of the Ministry of Economy, the Ministry of Environmental Protection of Ukraine, State Customs Service of Ukraine from 30.07.2009 № 789/414/709. The adoption order will improve and accelerate the implementation of customs control and customs clearance of goods entering the territory of Ukraine in the packaging and packaging materials. In particular, it is proposed to establish that the basis for customs clearance is the presence on the shipping documents personal seal of the state inspector for the Environmental Protection regional offices and special units of the Ministry of Environmental Protection of Ukraine - "The import is allowed."

STA explained the rules for filing reports on the excise tax

State Tax Administration of Ukraine issued an order "On Approval of the Declaration of excise duty, the Order of the completion and submission of the Declaration of excise tax" on December 24, 2010 № 1030, registered at the Ministry of Justice of Ukraine on January 20, 2011 under № 86/18824, which came into force from the date of its official publication February 4, 2011 in the Official Gazette of the Ministry of Justice of Ukraine. Informs the press service of the Office under paragraph 46.6 of Article 46 of Section II of the Tax Code, to define new forms of declarations (calculations), which come into effect for reporting to the tax period following the tax period in which there was their disclosure act declaration forms (calculations), in force until such a determination. Thus, the Payers of excise tax are required to submit statements on bodies SOT excise tax in the form of the Declaration of excise tax, approved by order of the STA of Ukraine from 24.12.2011 № 1030, beginning with the tax reporting period in February 2011. During the reporting period - January 2011 - tax reporting excise tax is in the form approved by order of the STA of Ukraine from 19.03.01 № 111 "On Approval of Regulations on the charges, terms of payment and submission of the calculation of excise duty and changes in the order of the STA of Ukraine. In this case, procedure for determining the amount of tax liability on excise tax shall be in accordance with the provisions of the Code. It should be noted that, under paragraph 223.2 of Article 223, section VI of the Code, an account of the excise tax to the entry into force of the Code is also served by importers of alcoholic beverages and tobacco products.

China increased steel production by 8,7%

The volume of steel production in China in the I quarter of 2011 compared with the same period of 2010 increased by 8.69% to 169.91 million tonnes. This is illustrated by China Iron and Steel Association. In addition to the organizations believe that in the period 2011-2015 the demand for steel in the country will grow by 2,6-4,6% per year. Recall that the production of crude steel in the Chinese enterprises in March 2011 compared with March 2010 increased by 9% and amounted to 59.42 million tons. Issue of steel products in China in a given period increased by 14%, reaching 76.02 million tons. We also note that China in March 2011 compared with March 2010 increased the export of finished steel products by 47.45% to 4.91 million tons. Compared with the previous month supply of Chinese foreign metal rose by 2.43 million tons. Previously reported that the State Commission of Development and Reform Commission of China has increased the estimate of national steel production in the country in 2011. Experts predict that metal production in China this year will be 700 million tons. The decision to raise the forecast output of steel in the country was taken after the melt of average in January-March this year amounted to 1,930,000 tons. Ministry of Industry

GPU is not going to start work on Dovgiy

In the General Prosecutor's Office there are no grounds to initiate criminal proceedings against Kyiv Mayor Leonid Chernovetsky and Kyiv City Council Secretary Oles Dovgy. This was stated by First Deputy Prosecutor General Renat Kuzmin, the TV channel Inter. "If you or Mr. Popov is a material that indicates a crime or Chernovetsky Dovgiy, please, we're ready to take these materials to consider, and if there are grounds to institute criminal proceedings", - said deputy prosecutor general. According to him, the Prosecutor General's Office as long as there is no reason to look at City Hall these facts. "You could imagine how? Investigator General Prosecutor's Office now goes to the town hall and will try to discover irregularities or Dovgiy Chernovetsky?" - Asked the first R. Kuzmin. At the same time, he said that the publications in the media may be grounds for criminal prosecution. "But the grounds for prosecution are the data that were obtained during the scan, which showed the existence of a crime in the actions of the subject" - he added. R. Kuzmin said that already prosecuted for some events in Kiev, in particular, on Exclusion Kievgorstroy. According to him, the investigation on these cases is very well promoted and has arrested many people involved in illegal activities. Earlier media reports have appeared that in the near future criminal proceedings against the Secretary may open city council O. Dovgy. Recall that the March 31 meeting, city council head of KCSA Alexander Popov made a change in leadership, and forming a new city council majority.

Popov is ready for the early elections of Kyiv mayor

Chairman of the Kyiv City State Administration, Alexander Popov is ready to participate in the early elections of Kyiv mayor. He made this said in an interview with "Focus". "Elections since the election, I'm ready. On a result do not want to speculate. The problem lies elsewhere - to give Kiev a chance with my team to get rapid development and get to a decent position, "- he said. Also, Popov added that all the information they released the illegal disposition of assets in the capital documented." To each promulgated us the figure today we can make concrete decisions rooms city council, who argue that such a decision really made. We did some work, not to be unfounded, to understand all the way and felt a moral obligation to announce it now, "- he said. In addition, Popov said that the return of lost assets will be in court." Naturally, through the courts. Differently under the current legislation, we can not do anything, except that if someone voluntarily give up "- he stressed. Earlier, the chairman of the Regions Party faction in the Verkhovna Rada, Alexander Efremov said that the election of Kyiv mayor and city council must be held in 2012 simultaneously with the parliamentary election campaign. Ministry of Industry

China increased steel exports to 47,5%

China in March 2011 compared with March 2010 increased the export of finished steel products by 47.45% to 4.91 million tons. This is evidenced by statistics. Compared with the previous month supply of Chinese foreign metal rose by 2.43 million tons. In general, the results of January-March this year compared to the same period last year, China raised the export of finished steel products by 20,7%, to 10.51 million tons. In turn, imports of the metal in March reached 1.53 million tons, up 510 thousand tons compared to the previous month, but at 6.13% compared to last year. Since the beginning of the supply of steel products in the country totaled 4.18 million tons, up 1.6% compared with last year's results. Previously reported that average daily production of steel in China set a record. Thus, in mid-March at the metallurgical enterprises of the country produced 1.945 million tons of steel per day. Since the beginning of the month to March 20, the average daily production of the metal in China reached 1.92 million tons compared with 1,823,000 tons in February. Ministry of Industry

The official exchange rate on April 13

On April 13 the National Bank has established the following official rate of hryvnia against foreign currencies: USD 100 - USD 796.7400 (April 12 - 796.3800) 100 EUR - USD 1152.8828 (April 12 - 1149.4949); 10 Russian rubles - 2.8308 USD (April 12 - 2.8467).

Odessa banker stole the money of depositors

Security Service of Ukraine exposed illegal scheme of embezzlement of depositors by an official of one of the banks in the Odessa region. This is stated in the message of the SBU. Intelligence agency revealed that a representative of senior Odessa branch of one of the commercial banks during 2008-2011 appropriated funds of depositors of financial institutions by transferring through the transit bank accounts of non-cash funds to your personal card account. Using his official position, the attacker captured the secret passwords and keys, which were known only to certain employees of the branch to prevent implementation of transactional operations by one person. The funds received financier cashed over the counter the same banking institution. Total employee awarded more than 1 million USD. SBU investigators in the Odessa region with respect to banker's criminal case on the grounds of a crime under Part 5 st.191 (misappropriation, embezzlement or taking them through the malpractice committed in an especially large scale) of the Criminal Code of Ukraine. For this crime the attacker threatened punishment of imprisonment for a term of 7 to 12 years, with disqualification to hold certain posts or practice certain activities for up to three years and with confiscation of property. Ministry of Industry

The official exchange rate for April 5

April 5, National Bank has established the following official rate of hryvnia against foreign currencies: 100 USD - 796.2400 (April 4 - 796.0000) 100 EUR - 1133.8458 (on April 4 - 1130.8772) 10 RUR - 2.8208 (April 4 - 2.7914).

The official exchange rate on April 1

According to the official website of the National Bank of Ukraine on April 1, National Bank has established the following official rate of hryvnia against foreign currencies: $ 100 - 796.0000 (March 31 - 796.0000) 100 EUR - 1130.8772 (March 31 - 1121.5640) 10 ? - 2.7914 (March 31 - 2.8000)

European banks are at risk of losing their money in Egypt

Thousands demonstrations and riots in Egypt, risking escalate into civil war, is seriously concerned about the leadership of the largest banks in Europe. According to the Bank for International Settlements, the European credit institutions, especially France and Britain, the Egyptians gave substantial loans. By the end of January last year, foreign banks granted the Egyptian borrowers loans worth 49.4 billion dollars, with most of these funds (40.3 billion dollars) was granted a loan is the European structures. Thus, the Egyptians were the largest creditors French banks that provided loans amounting to 17.6 billion dollars the second largest loans are provided by the Bank of the former metropolis of Egypt - Great Britain. They gave the Egyptians loans totaling nearly $ 11 billion Significant amounts of borrowed funds in the Egyptian financial system are also Italian and American origin. One of the most active credit institutions of Egypt was the French bank Societe Generale, submitted by the country under the brand name National Societe Generale Bank. On the deposits of this organization at this time is stored 6.2 billion dollars, the volume of loans of 4.1 billion dollars according to the company, the bank is now taking all necessary measures to protect its employees, of which there are over 3700 people. Listening to the recommendations of the local Central Bank, Societe Generale, as well as many other banks, while in no hurry to open their doors to customers. Investors have already reacted to the threat of losing some of its funds by banks in Egypt, dropping quotes credit institutions.

National Bank came up with a plan to save troubled banks

The National Bank of Ukraine invited the International Monetary Fund for new solutions to save the nationalized banks, and Nadra Bank, which the government is committed to recapitalize. It is reported by "The Mirror of the week. Ukraine. It is reported that the experts of the IMF mission agreed to reconsider its view (to eliminate recapitalize the banks), but only after the National Bank of Ukraine has promised to take responsibility for their fate on themselves. In particular, the NBU's reasoning was quite simple: although the low investment in the nationalized banks are already too high, the elimination of Rodovid Bank and eventual cessation of the bank's license "Kiev" will not return the money. Vspasenii Rodovid Bank proposes to use the NBU Ukreximbank. For this purpose it is proposed to increase its capital (the amount of capital increase will be determined by the audit first) and moved into a state bank liabilities RODOVID to private clients, together with its live assets and retail network. From the remnants of the same Rodovid Bank National Bank proposes to make a so-called bad bank - a structure in which all will be accumulated non-performing assets Ukrgasbank, "Kiev", and possibly the bank "Nadra". UkrGasBank, in turn, will have to absorb the bank "Kiev", if the latter fails to end the second quarter to go to fulfill all the standard indicators of NBU. If this plan will be approved by the IMF, National Bank plans within one to two years of an IPO of state banks, in which the state share is less than 100%, and expects to gain for shares of quasi-financial institutions as much as the government invested in the recapitalization program.

Thursday, September 29, 2011

For the payment of wages in envelopes jail for 5 years

Social Ministry prepares bill to legalize salaries and jobs, which could create a stir no less than the pension reform. Because the act would be administrative methods. And, perhaps, very tough. For the payment of wages in envelopes is proposed to confine the term to five years. This writes Natalia Yatsenko in the latest issue of The Mirror of the week. Ukraine. Judging by the bill, existing labor legislation will at least double-check than paying taxes. Will be granted the right to verify the tax office, KRU, Pension Fund, and even for some reason licensing bodies. According to the preliminary development, the use of hired labor without registration of labor relations manager faces disqualification from leadership positions (do business) for up to ten years. For the payment of remuneration, without calculation and payment of taxes and fees or salaries in the amount less than minimum wage - a fine of 500 to 700 minimum tax-free. The same thing, but repeatedly - from 700 to 1 thousand untaxed minimums or restriction of liberty for up to three years, or imprisonment for up to five years, with disqualification to hold certain posts or practice certain activities for up to three years. For the purposes of social insurance (pension, "unemployed", "handicap") and the calculation of income tax of natural persons has entered an indicative average salary. It is applied exclusively to extra-budgetary sphere. "Average indicative wages can not be less than the statutory minimum wage, increased by the appropriate factor for certain categories of workers, in particular, for the first managers of enterprises, institutions and organizations such factor is 3 for chief accountants - 2,5, for workers - 1,5, for individual entrepreneurs - 1.

Central banks may translate into more gold reserves in this year

Barrick Gold Corp., The world's largest gold producer, is expecting the central banks will translate this year into gold more foreign exchange reserves amid fears associated with the U.S. national currency, writes The Wall Street Journal. Chief Financial Officer Jamie Sokalski said in an interview that last year there was a "complete transformation" policies of central banks that had previously been accumulating reserves in dollars, and now are starting to buy more gold to diversify their reserves. Many analysts believe that this trend will continue this year. Central banks "are concerned about what kind of reserves they keep in U.S. dollars," said a spokesman for Barrick. "There are not many alternatives," - he added. Thus he does not expect Barrick how much gold the central banks can buy. Gold Mining Company is closely monitoring the value of currencies, particularly the U.S., on which the price of gold production, as well as the cost of the production of this precious metal. When, for example, the dollar weakened against major currencies, the price of gold and, accordingly, revenue Barrick, rising as investors begin to look for alternative ways of investment. The Canadian company reports a profit in dollars, while about 40% of gold production in North America. At the same time weakening dollar could lead to an increase in operating expenses Barrick in countries from Papua New Guinea and to Argentina. About a third of the company's expenses can be expressed in other currencies, with a huge portion - in the Australian currency, said D.

GDP last year grew by 4,2%

SSC announced GDP growth in the 4 th quarter of last year and last year as a whole. The data obtained were better than published in January by Prime Minister Azarov In October-December 2010, real gross domestic product rose by 3.0% over the same period in 2009 (in constant 2007 prices). Compared with 3 quarter of 2010, taking into account the seasonal factor, the GDP increased by 1,0%. As reported by "Ukrainian News", the GDP growth for 2010 was 4,2%. Recall, January 20, Azarov said that Ukraine's gross domestic product in 2010, according to preliminary data, increased by 4,1%. The state budget for 2010 was laid down GDP growth of 3,7%.

Hermann thinks that Lutsenko be released

Political persecution of opposition negatively affect the image of Ukraine. This was stated by Deputy Head of Presidential Administration, Anna Herman, speaking on the First National Channel. "You asked, decorate a political persecution country. No, do not decorate - just as not graced this country in 2005, when exactly in the same situation as today (ex-Interior Minister Yuri) Lutsenko, in a cage, behind bars nor for that sat (Deputy Prime Minister) Boris Kolesnikov ", - said A. Herman, responding to a question the deputy head of the parliamentary faction of NUNS Vyacheslav Kirilenko. She has denied the assertion Kyrylenko that the investigation of criminal case against Yuriy Lutsenko and his sodrzhanie custody is revenge. "Who then will you give some guidance regarding the arrest of - tell me." To plant for anything Kolesnikova, who had a small child. He was taken out of the house, put in a cage for 4 months - and then also the courts, and then released and said that no one has proved anything. So far no one has apologized, and the same Lutsenko, who planted it, do not apologize to him, "- Herman recalled. According to the deputy head of the AP, the point in this story will put the court's decision. "I do not think that if someone is in jail, it's color authority, or paint the opposition. We have the courts, unless the court, as he Kolesnikova once justified, justify Lutsenko, Lutseko be released," - summarized it. Earlier it was reported that representatives of the opposition in parliament collected 100 signatures of deputies under the petition for the release of Yuri Lutsenko from custody for a period of preliminary investigation.

In NBU figured out how to revive the banks

The National Bank of Ukraine has proposed to use the IMF Ukreximbank to capitalize recapitalize the banks in particular, the State Bank proposes to use to save Rodovid Bank, reported ZN.UA. To this end, the NBU is proposing to increase the capital of the State Bank (total capitalization will be determined by the audit first) and moved into Ukreximbank obligations Rodovid to private clients, together with its live assets and retail network. "From the remnants of the same Rodovid Bank National Bank proposes to make a so-called bad bank - a structure in which all will be accumulated non-performing assets of Ukrgasbank," Kiev ", and possibly the bank" Nadra ", - the newspaper notes. Ukrgasbank at the same time will have to "absorb" the bank "Kiev" if they did not succeed until the end of the second quarter to go to fulfill all the standard indicators of NBU. If this plan will be approved by the IMF, National Bank plans within one to two years of an IPO of state banks, in which the state share is less than 100%, and expects to gain for shares of quasi-financial institutions as much as the government invested in the recapitalization program.

Imports of fur and sheepskin freed from VAT until 2016

The Verkhovna Rada of Ukraine registered a draft law on amendments to the Tax Code of Ukraine (regarding tax exemption of value added tax transactions for the supply of raw hides and tanned skin without further processing). The bill № 8375 of 11.04.2011 referred to the Committee of People's Deputy Party of Regions Anatoliy Kinakh. This bill provides for amendments to paragraph 16 of subsection 2 of section XX "Transitional Provisions" of the Tax Code of Ukraine concerning the exemption of value added tax transactions for the supply of raw hides and tanned skin without further processing, matching the description of goods in the current edition of the new codes UKTVED. Adoption of the bill would allow developed to resolve issues that arise in applying the provisions of the Tax Code of Ukraine. In particular, it temporarily, until January 1, 2016, transactions for the supply of raw hides and tanned skin without further processing (headings 4101-4106), including operations on the import of such goods, exempt from taxation on value added. Today, these operations are exempt from VAT from 1 January 2012 to December 31, 2013 recall, Anatoly Kinah has promised to save the business from the disabled .

Customs and tax will go to inspection together

The State Customs Service settled a mechanism for planning control and verification of the customs authorities and independent of scheduled field audits of businesses. Until that time, customs authorities were not able to independently carry out the planned exit documentary checks of business entities, the press service of the State Customs Service of Ukraine. Thus, the decision of Cabinet of Ministers of 27.12.2010 № 1234 was approved by order of the coordination of scheduled field audits by the executive, empowered to exercise control over the calculation and payment of taxes and fees, and the decision of Cabinet of Ministers of 27.12.2010 № 1198 was amended in paragraph 3 of the Regulations on Customs inspections at enterprises reporting and accounting for goods and vehicles transported across the customs border of Ukraine, approved by Resolution of Cabinet of Ministers of 23.12.2004 № 1730. These changes were first identified the rights of customs authorities for planning and control, and self-check work of scheduled field audits of businesses. It should be noted in the planning by the state tax service and customs authorities in the reporting period of the audit of the same taxpayer a check will be conducted at the same time these bodies.

Now you can declare the income until May 1

In 2011, the date of declaration of personal income extended by one month - until May 1, in connection with the adoption of the new Tax Code reported by the State Tax Service of Ukraine. "declaration campaign in 2011 will be conducted in accordance with the Law of Ukraine № 889 About the tax with the income of individuals, according to which citizens are required to file annual tax return before May 1 of this year" - said in message. As reported earlier declaration of personal income spent by 1 April. Thus, the campaign to declare income citizens in 2011 extended by one month. December 2, 2010 the Verkhovna Rada adopted the Tax Code of Ukraine to the proposals of President Viktor Yanukovych. The next day, the Code was signed by the head of state, and December 4 - has been published. We also note that adoption of the document was accompanied by mass protests entrepreneurs throughout Ukraine. Recall that in the new Tax Code is the current simplified tax system (flat tax), in the taxation of small businesses up to date amending Section XІ Tax Code.

Ukraine will buy China's 20 thousand tons of buckwheat

Officials from Minagroproda Ukraine will soon go to China to negotiate the purchase of 20 thousand tons of buckwheat. The Ministry assured that the price for this buckwheat will be USD 11.10 per kilogram of Ukraine intends to bring from China 20 tons of buckwheat, the director of the department of agrarian market development Ministry of Agrarian Policy and Food Anatoly Rozgon, according to Interfax-Ukraine. "Negotiations are under way, as soon as the Ukrainian delegation will travel to China. There is a tentative agreement on imports from this country of 20 thousand tons of buckwheat to Ukraine ", - he said at a press conference in Kyiv on Friday. Rozgon reported that, according to preliminary calculations, the selling price of Chinese buckwheat in Ukraine amount to 11.10 USD / kg. "This government's response to those who lobbied and supported the growth of prices for buckwheat. Let them be with their buckwheat and will remain, "- he said. Rozgon clarified that the buckwheat from China will import or the State Food and Grain Corporation, or LLC Investbud Bread. " He noted that Ukraine has formed in the cost of buckwheat is overstated. According to Minagroproda, the cost of buckwheat this year amounts to 1,747 UAH / tonne against 1,505 USD / tonne in 2009. Director of the Department also reported that the Agrarian Fund on forward contracts to buy 20-25 thousand tons of buckwheat to create a stabilization fund in order to prevent price fluctuations and growing of buckwheat support this year.

USA: World wheat stocks will fall over Ukraine

The U.S. Department of Agriculture said that world wheat stocks will be lower because of lower production in Ukraine according to a department report, RBC-Ukraine with reference to Bloomberg. "World reserves amount to 177.77 million tonnes as at 31 May, which is 0,1% less than forecast in January (177.99 million tons)," - says the report. According to American ministry in Ukraine produced 16.85 million tons of wheat, which is 2% less than the estimates in the past month (17.2 million tons). Until today, futures for wheat rose by 81% on the Chicago Mercantile Exchange, after a drought last year cut production in Eastern Europe. Yesterday, futures for the March delivery rose 15.5 cents (1.8%), amounting to $ 8.7425 a bushel.

Ukraine will buy buckwheat in China, and oil to Belarus

Canada plans to conduct purchases of butter in Belarus, and buckwheat - in China, told the first deputy minister of economic development and hawkers Vadym Kopylov. "There is an agreement with Belarus on the import in the coming months, 15 thousand tons of butter" - said Kopylov, "In fact, the global food market is cause for concern: rising prices for wheat, white sugar, raw sugar and other products. The deficit is seen and predictions are that each year it can grow. To date, this difficult area "- quoted Deputy Minister of RBC-Ukraine. Kopylov also noted, "Buckwheat is a traditional food consumed in three countries: Russia, Ukraine and Belarus. China - another producer of buckwheat, 90% forage. "The agreement with China is currently negotiating to buy food, quality buckwheat. Although its consumption in Ukraine - 2,9 kg per person per year. That is, this is not a key, a vital product. But - traditional "- added Kopylov.

Poroshenko explained to lost and buckwheat flour

Poroshenko Chapter of the National Bank Council Petro Poroshenko explained that buckwheat and flour have disappeared from the market due to criminal and unprofessional actions of the government He said the air Shuster Live, reports Ukrainian Truth. According to him, buckwheat disappeared "due to totally unprofessional administrative intervention in market mechanisms for determining the price." "What has changed during those two weeks? Did a buckwheat throughout the trading system? Bad news. Buckwheat has not appeared. Disappeared flour ", - said Poroshenko. "I would like to reassure everyone. Grain in the country enough. To date, we have a result totally dumb, I would say criminal, unprofessional actions, which resulted in the flour has disappeared "- he stressed. "How is today inflation. On the list of important, socially relevant products in the areas of regional price inspection work, where the symbolic goods producer price goes to inspect and declare the selling price ", - said the head of the NBU Council. According to him, the Ukrainian grain for export worth U.S. $ 350-370 per tonne. "This means that the domestic market fair price per ton of grain is 2900 UAH. Buy it cheaper 2000-2100 impossible ", - said the head of the NBU Council. "You come as a producer at a price inspection and say: I'm buying it for 2100, here are my minimum profitability, allow me to sell flour at a certain price. No, because it will affect the rate of inflation.

Wednesday, September 28, 2011

Growth in corporate lending bank can reach 15%

Priorities in lending by banks were determined on the basis of the dynamics of the economy and quality of service credit borrowers in 2008-2009. And interviewed bankers insist that their loans based on the current year "light" not for everyone. Food priority "undisputed leader in the rating of priorities for most banks is now the agroindustrial complex, demonstrated the increase in production during the crisis. In agriculture and food industry, the priority is the public sector, metallurgy and Trade", - said director of corporate lending department of Alfa-Bank ( Ukraine) Irina OISkorohodova. It is they who, according to bankers will be able to serve our relatively expensive loans. "The most promising industries with higher growth potential compared to the average level in the economy, real assets, as well as having a low debt burden," - says the head of the analysis of financial markets, "ING Bank Ukraine" Alexander Pecherytsyn. But the deputy chairman of the Board, Director of Corporate Business VAB Bank Alex Salivon among the priority sectors of the calls as chemistry and engineering. "A more interesting in 2011 will be the producers who need to invest in upgrading production facilities," - adds Prazhak Patrick, director of corporate business, "Erste Bank". However, the chairman of the Supervisory Board of bank "Center" Alexander Okhrimenko along with construction engineering refers to the list of industries outsider.

NBU will check bank rates

The National Bank of Ukraine has asked the commercial banks' information about their pricing policy. In particular, the regulator of interest rates on the estimated customer service in the national currency as at March 1, 2011, as well as the actions of the banks towards reducing the cost of such services. The reason - customer complaints to the actions of his subordinates. " "The address of the National Bank of Ukraine has recently received numerous complaints from bank customers about the banks charging substantial fees for settlement services" - said in a letter to the NBU Ukrainian banks. Article 47 of the Law of Ukraine "On Banks and Banking Activity" stipulates the right of banks to set their interest rates and commission fees for its operations. "However, high rates of banks on the estimated customer service affect the volume of cashless payments and payment discipline in the country" - reminiscent of the NBU. The regulator also said that the tariff set by the National Bank for obrabatyvanie in electronic payment system (hereinafter - BOT) one electronic payment document has not changed since December 2006 and amounts to 0.35 grn. for one document, regardless of the amount of payment, as contained in it. Source: delo.ua

The most loss-making bank of the world received $ 24 billion loss

One of the largest banks in Ireland, Anglo Irish Bank reported that, according to preliminary estimates, in 2010, its loss amounted to 16.7 billion euros (24 billion dollars). This is stated in the official press release, the financial institution. In 2009, Anglo Irish Bank took first place in the list of unprofitable banks in the world, compiled by the magazine The Banker. In 2009 the first loss of the Irish financial institution reached 18.5 billion dollars. Anglo Irish Bank was originally specialized in issuing loans to construction firms to Ireland. In the period of acute crisis and slump in real estate bank could not cope with debt and was nationalized. Immediately after the nationalization of the Irish government has allocated to support the Anglo Irish Bank about 5,5 billion euros. In late 2010 the Irish economy began to threaten the debt crisis, which previously suffered from other EU countries, including Greece, Spain and Portugal. First, the Irish authorities stated that the country will cope with a new crisis on their own, but then agreed to help the EU and the IMF in the amount of 85 billion euros. On materials: BFM.ru

The bank continues to operate Nadra Provisional Authority

The National Bank of Ukraine has extended the work of the interim administration in the bank "Nadra". Transitional Administrator will Valentine Zhukovskaya exact date when the bank will be able to operate normally, are not called. As the press service of the NBU, the interim administration will remain in the financial institution to reach a specific solution, but not longer than until 12 August 2011. For the remainder of the bank plans to complete the process of capitalization to financial recovery. February 11 marks two years since the bank was a temporary administration.

Rodovid Bank intends to place additional issue of shares until April 11

Problem-controlled government Rodovid Bank (Kiev) plans to place shares of additional issue in two steps from 6 to 11 April 2011. According to the official report of the bank, the decision is fixed by order of the temporary administrator of the bank on April 1 (№ 119). The bank plans to issue and private placement of ordinary shares with par value of USD 1.8 for a total of 3.95 billion USD: as a result of the additional issue bank's authorized capital increased by 46.97% - from 8.409 billion USD. The first stage of placing the additional issue of shares will run from 6 to 8 April, the second - from April 9 to 11. As reported, the Ukrainian government decided to increase the authorized capital Rodovid Bank to 12.36 billion USD in the implementation of the transfer operations of its depositors in the State Savings Bank of Ukraine (Oschadbank, Kiev). Amount capitalization Rodovid Bank consistent with its volume of deposits of individuals: they will all be transferred to Oschadbank. Dokapitalizatsiya Bank will be conducted through the issuance of seven-year T-bills with a yield of 9.5% per annum. Rodovid Bank (previously - AKB "PC") was founded in 1990. In the course of anti-crisis program of recapitalization of banks in state ownership was transferred 99.9907% of financial institution. According to the National Bank on January 1, 2011 by total assets Rodovid Bank ranked 20 th place (10.48 billion USD): Total liabilities of financial institutions amounted to UAH 9.326 billion, a net loss in 2010 - 4.264 billion USD.

Entered into force on the decision to extend the quotas for grain export

The Cabinet of Ministers issued a decree on the extension until June 30, 2011 quotas for grain export. The corresponding decree is published in Uryadova Courier on Saturday. As reported with reference to the Minister of Agricultural Policy and Food Prysyazhnyuk Nicholas, the government on March 30 decided to extend the quotas for grain exports until June 30, 2011, at the same time increasing the quota for corn for 2 million tons. In early October 2010 the Cabinet of Ministers introduced quotas for grain export in the period up to December 31, 2010. Late last year it was extended until March 31, 2011. In this case, the total size of quotas has been increased by 1.5 million tonnes - up 4.2 million tons. During this time the quotas were distributed twice a way that caused then sharp criticism from market participants: Many companies were unable to get the opinion of the Ministry of Agrarian Policy and the availability of food grains, which are necessary for applying for a quota.

Ukrainian subsidiary »Societe Generale will take 100 million hryvnia

ProFin Bank intends to issue a three-year nominal bonds of 100 million UAH., Reported the financial institution. According to the official report of the bank, the decision to issue securities approved a general meeting of shareholders on February 22. The bank plans public offering of bonds of face value of 1 thousand grn. during the period from 23 May 2011 to April 22, 2012: the end date of the bonds May 18, 2014. Securities provided a guarantee of Societe Generale SA (France). According to the bank, payment of interest income on bonds by 12 times within one banking day after the relevant interest period. The interest rate on all interest periods is set at 14% per annum in local currency. Underwriters were OOO Investment Capital Ukraine "and Bank VTB Bank: securities will be placed on the Stock Exchange Perspective." The volume of bonds exceeds the amount of the share capital by 3,9%. Percentage of the total amount of securities of the issuer, which are in circulation, to the size of the share capital - 100%. Recall ProFin Bank (formerly - "Ikar-Bank) was established in 1989. On January 1, 2011 Societe Generale SA owned a 98.1% stake in the bank. By total assets at 1 January 2011 "ProFin Bank took place 155 (222 mln.) Among the 175 banks operating in the country. Materials: Interfax-Ukraine

NBU registered Acceptance Bank

On-quo-nal-LIMITED-bank for re-Gi-stri-ro-shaft Ak-tsept Bank (Ci-s). About this Ukraїns Kim Ho-form-with-us-about schil pre-hundred-vie-tor NBU. "This is a component the new bank, to some-ing over-re-Gi-stri-ro-van on January 19", - said Hall said. Bank of-re-ru-stri-ro-van in the form of a pub-Leach-but-th ac-tsi-o-ner, but the first on-slit properties. Bo-more de-hoist-term in-form-ma-tion pre-hundred-vie-tor NBU with ob schil. As with the ob-schA-lo-proof agent, according to Stough I-Niya on January 1 in the wa-series Ukra-yin would-lo per-re-Gi-stri-ro-va-but 194 banks ka, 18 of which some-ryh to-ho-di-were in with a-hundred-I-Institute of liquidity of the form-tion (on January 1 all-series 2010, so yes - 197 and 14 banks' with-on-wet-space-no). Materials: Ukrainian News

Trade-in can become the locomotive of the car market of Ukraine

Tax Code, which, in addition unpleasant innovations for small private businesses, and contains some positive provisions. In particular, the code actually legalized in Ukraine is widely practiced throughout the civilized world sales system trade-in. This writes Artem Svyatnenko in the latest issue of the "Mirror of the week. Ukraine. Service trade-in - the netting system, in which the used car dealership client is accepted as partial payment for a new car. But realistically, before the enactment of the Tax Code has officially run by the scheme trade-in was uninteresting and car dealerships and their customers. The main problem was the need to pay VAT on the full cost of the car. In addition, the tax rate on income of individuals in the sale of cars through the dealer was 15% of its value, payment of which the client was to control the motor show as a tax agent. "As a result, trade-in services as such did not exist in Ukraine," - the author notes. The new tax code has decided two major problems hindering the development of trade-in in Ukraine. In particular, now the company who carry out retail sale of automobiles, the implementation of such vehicles would pay VAT only on the difference derived from the purchase and sale of the car, that is with profits. In addition, the tax rate on income of individuals is set at 1% of the cost of cars in the sale of one car per year and 5% - for the implementation of more than one car per year. Car dealer gets the right to independently without the involvement of the notary as a tax agent to control the payment of individual 1% tax on the car's cost and give him a certificate account. "Apparently, the civilized format of trade-in will revive salon sales and marketing of new cars.

MPs want to introduce a license to transport hazardous cargo

The Verkhovna Rada of Ukraine registered a draft law amending the Law on road transport to streamline road transport. Bill number 8029 on 28/1/2011 initiated individual deputies. As stated in the explanatory memorandum, the main objective is to improve the organization of international transport in road transport and to bring the law "On Automobile Transport" in accordance with the requirements of European legislation. As well as providing adequate, timely completion of major tasks and functions, creation of conditions for Ukraine's joining the European Union. In particular, it is proposed to introduce a European approach to extradition documents giving the right to exercise economic activities in the field of road transport. Introduced the rule that when the transport of dangerous goods by road carrier must obtain a license. It is also proposed to introduce norms of international law regarding the mandatory installation and use on vehicles operating control devices - tachographs for the international carriage of passengers and (or) cargo vehicles. However, the authors of the bill believe it is expedient to exclude the presence of a normal resident and non-residents that carry out international carriage of passengers, a certificate of conformity of the vehicle requirements of Ukrainian legislation with respect to safety, environmental safety and energy conservation, since to date no one international instrument is not defined requirements for the specified certificate.

Prohibition of gambling business in Ukraine temporary

Ban gambling business in Ukraine is temporary in nature. This was stated by MP, a member of the parliamentary faction of the Party of Regions Viktor Korzh on national TV and Radio Company of Ukraine, the press service of the Party of Regions. According to the deputy, during the period of prohibition of gambling, should develop rules for its management to make this business civilized. "I understand perfectly well that we live in an open European country. We will attract tourists and at Euro 2012, generally to develop the industry. Many foreigners have" - ??the politician said. At the same time, the deputy called for the closure of the institutions which operate illegally and are also located near the student dormitories in the city center, near schools, boarding schools, universities, etc. As an example, where they can operate gambling establishments, the deputy led the United States, where there are a number of cities that allowed gambling business. "Specially-equipped place where people purposefully go have fun" - he said. "It's not just U.S. citizens. It's wealthiest people from all over the world," - said V. Korzh. According to him, Ukraine territories where gambling will bring the greatest benefit of the state's budget could become the Crimea and the Carpathians. As reported in the Regions Party's hope that the law on gambling will be adopted by the Verkhovna Rada is an 8 session. Recall that on December 23 the Verkhovna Rada adopted the Law "On amending some legislative acts concerning the enforcement of laws prohibiting gambling business in Ukraine." Police now have the right to inspect the physical and legal entities to sue in court on the application of financial sanctions provided by law for the organization and conduct of gambling.

In Azarov approved a plan to help businesses

Cabinet of Ministers approved an action plan for 2011 to implement the National Programme for the promotion of small and medium-sized businesses in Ukraine. An executive from April 6, 2011 № 273-p posted on the website of the Cabinet. According to the document, the Ministry of Economic Development and Trade in 2011 should attract international technical assistance to support and develop small and medium-sized businesses, as well as his duty to promote the development of a network of business support funds. The State Agency for Investment and management of national projects with the Ministry of Economy must promote the industry of direct investment and venture capital. The action plan also envisages the involvement of business with disabilities, women, youth, retired military personnel, the unemployed and the inhabitants of villages, support export activities of small and medium-sized businesses, to promote industrial cooperation on franchising, preparation and publication of the National report on the status and development prospects business in Ukraine. Under the decree, the Ministry of Finance and State Treasury office should provide funding for activities within the budgetary purposes under the state budget-2011.

Tymoshenko reminded, as she laughed at Yushchenko's a shame

Actions of ex-premier Yulia Tymoshenko worsen Ukraine's international reputation. This was stated by Deputy Head of Presidential Administration, Anna Herman, speaking on the air at the First National Channel. She, in particular, recalled how Tymoshenko giggled when the Prime Minister of the Russian Federation Vladimir Putin has insulted the then President of Ukraine Viktor Yushchenko. "I voted for Yushchenko, who you vote for him, but the president - a symbol of our country, and when it hurts the head of another country, but the Prime Minister stands by and giggles ... you is a bad example of what is outside the Ukrainian government do not speak the same language, "- said Herman. According to her, now Tymoshenko continues to occupy the same anti-Ukrainian stance in foreign affairs. "You are going abroad now, and calls on Ukraine to look like in Belarus ... What do you do? You this will not help Ukraine. So you will alienate Ukraine from the West, and we should bring it. We must do everything that we are not pushing in the opposite direction, because we have chosen the strategic direction of our policy - integration into the European Union ", - said the deputy head of the AP, referring to Tymoshenko. Recall that the Russian Prime Minister Vladimir Putin in 2008 during a joint briefing with then-Prime Minister Yulia Tymoshenko in Moscow called the force at the time of Ukraine's President Viktor Yushchenko "Rapscallion." After that Tymoshenko laughed.

Freedom House Ukraine recalls the freedom of speech

Only one sixth of the world's population lives in countries with a free and independent media. Such data are contained in the report of the international non-governmental organization Freedom House, according to Radio Liberty. According to the organization over the past years, the situation of press freedom has deteriorated markedly in many countries - including Egypt, Turkey and Ukraine. Freedom House calls the 10 countries where a free press does not exist or are subject to the most stringent persecution. Among them, Belarus, Cuba, Iran, Myanmar, North Korea and Uzbekistan. Earlier in the Freedom House stated that for the year presidency of Viktor Yanukovych in Ukraine worsened the situation with democratic practices and human rights that threatens to return to authoritarianism. Ministry of Industry

Tuesday, September 27, 2011

Rada has improved a ban gambling

The Verkhovna Rada adopted the Bill regarding the improvement of legislation on the prohibition of gambling business in Ukraine. The corresponding document supported 289 people's deputies. In particular, the project proposes to present the new version of the terms "gambling" and "gamble" for distribution to the interactive facilities and computer simulations. "Gambling business - the activity associated with the organization, conduct and provision of access to gambling in casinos, slot machines, computer simulations, the bookmakers, the online institutions, electronic (virtual) casino regardless of the location server; gambling - any game, a prerequisite of participation in which is payment of money a player that allows you to place bets in any form or by opportunity to receive a prize (prize) in any way, result of which is wholly or partly dependent on chance "- the document says. In addition, the draft law spelled out the duty police officers to apply to court for applying financial sanctions associated with the prohibition of the organization and conduct of gambling in the territory of Ukraine.

VAT in February filed on old forms

According to paragraph 46.6 of Article 46 of the Code to define new forms of declarations (calculations), which come into effect for reporting to the tax period following the tax period in which the place of their publication, using forms of declarations (calculations), which act to such a determination. According to preliminary information from the Ministry of Justice summons is issued 03/04/1911, in "Ofіtsіynomu vіsniku Ukraine" № 14. Given the above, the tax records for VAT for February 2011 submitted to the authorities of the SOT on the old forms. Beginning with reports for March and I quarter 2011 tax report filed by the VAT authorities in the SOT on forms approved by order of the STA from 25.01.1911 № 41. STA Letter from 1.3.1911, the № 5799/7/16-1117. The letter will be published in the "Balance" № 19, which will be released in print 7.3.1911, the

Azarov told not to touch the market traders

Prime Minister Mykola Azarov charged the head of the State Tax Service to cancel the test of entrepreneurs who are working on a simplified system of taxation in the markets . 'Needless to tax collectors to check the trading place in the bazaars, where even the documentation is not maintained. We promised to "vacation" and we promise to perform ", - emphasized Mykola Azarov, who quotes the government's press office." Internal Revenue Service should focus on partnerships with business, "- said the Prime Minister. The head of government stressed that the tax authorities must comply with the norm of the Tax Code, which provides that six months, during the adaptation period of introduction of new tax rules, a moratorium on penalties. "Any orders, interpretations, orders, which allow some recovery in spite of the Code are illegal and have no power . If these appear, the personal responsibility of heads of STA require them to cancel and to bring disciplinary action "Innovators" who plays with the law ", - emphasized Mykola Azarov.

Ukraine needs to find a place in relations between Russia and the EU

Ukraine needs to find its place in the processes Russia's rapprochement with Europe. This was stated by MP from the Party of Regions Leonid Kozhara during a speech at an international conference "European Union - Russia - Ukraine: In search of new modalities of partnership", which was held in Lviv. "Today, the EU accounts for more than 50% Russian trade turnover. By the end of 2010 it grew by 29.6% compared with 2009 and amounted to 306 billion dollars Russia is one of three leading trade partners of the EU "- said the politician. He also gave several examples of close cooperation between Russia and Europe in the military technical and humanitarian spheres, the sphere of security policy and the issue of visa-free regime. L. Kozhara also recalled that President Nicolas Sarkozy of France upon completion of the tripartite summit, France - Germany - Russia in Deauville last fall suggested that in 2020-2025 in the EU and Russia will be not only the general economy and visa-free movement, but the general concept of security. "And here the dilemma that faces the Ukraine, is very simple. Or we find a place in these processes, proactively affects them, protect their interests, develop its relations with the EU and Russia in the same directions. Or stay on the sidelines of the processes that occur around us objectively, "- said the politician. As reported earlier Russian Deputy Prime Minister Igor Shuvalov suggested Ukraine jointly establish a free trade zone with the European Union after the accession to the Customs Union, single economic space.

USA recalled the obligations of Ukraine

United States urges the Ukrainian authorities aware of the undertaken obligations in respect of press freedoms and to investigate cases of censorship and pressure on the media. This was stated by U.S. Ambassador to Ukraine John Tefft, in his article for publication "Ukrainian Truth". "One of the most glorious achievements of the Ukrainian civil society over the last decade is the emergence of a free press and a number of organizations monitoring the media, standing on guard for this hard-found freedom" - says the publication. According to D. Tefft, the U.S. welcomed the repeated public assurances by President Victor Yanukovich's commitment to free press, and the recent adoption of a law guaranteeing people the right of access to official information. At the same time, the ambassador noted that "rhetoric alone will not change behavior." "For these statements should go action. D. Tefft said that in honor of World Press Freedom Day, the U.S. reiterates its appeal to the Ukrainian government to remember the undertaken commitments in respect of press freedoms and to investigate cases of censorship and pressure on the media, attracting the responsibility of those who obstruct the implementation of the rights of citizens to be informed. Prezideent Earlier, Yanukovich said that independent Ukraine is impossible without an independent press.

Cabinet will develop a method for determining the value of the works

The Verkhovna Rada of Ukraine registered a draft Law on Amendments to Article 19 of Decree of the Cabinet of Ministers "On standardization and certification" on the method of calculating the cost of works associated with the mandatory product certification. Bill number 8025 on 27/1/2011 submitted for consideration by the Cabinet of Ministers of Ukraine. In particular, the document was developed by the State Service of Ukraine's technical regulation. The bill proposes to consolidate the Ukrainian Cabinet of Ministers approval of methods of calculating the cost of works associated with the mandatory product certification. The document requires the development and adoption of CMU, which will be approved by the method of calculating the value of these works. As stated in the explanatory note, changes in the law will permit to develop a uniform methodology for determining the cost of work related to certification of products, will resolve the question of the cost differences of similar works, helped to establish a clear mechanism to ensure the interests of customers of certification.

Unified tax for artisans want to reduce up to 10 UAH

Tax promises to further simplify the simplified taxation system. For entrepreneurs engaged in handicraft and consumer services, tax want to establish a very low rate of single tax Plans shared the chairman of the State Tax Service Vitaly Zakharchenko while interacting with representatives of small and medium-sized businesses, Cherkasy region. As the press service of the SOT, the single tax on artisans and personal services sector will amount to 1-10% of the minimum wage (from 9.6 to 96 hr). Innovation will affect those who have no paid employees and whose income does not exceed 150 minimum wages per year (144 thousand UAH). "Today the working group on reform of the simplified taxation system is finalizing the concept, and we take active part in it. Small businesses will be divided into categories. Will loyalty to those who are engaged in providing the population essential public services ", - promised Zakharchenko.

SOT: Entrepreneurs have not diminished

The State Revenue Service denies the reduction in the number of small and medium businesses as a result of the entry into force of the Tax Code, in particular, a number of provisions of the Code governing this segment. This is stated in the press-service tax. "The number of registered individual entrepreneurs, as of March 1, 2011 amounted to 2 455.7 thousand people, which is 43,4 thousand, or 1.8% over the same period in 2010," - said in it. In addition, Tax has reported that since early 2011 over the same period in 2009 and 2010 the number of individuals a single tax-payers are also virtually unchanged at about 1 million people. Tax considers unfounded fears of some taxpayers of the possibility of mass transfer of individuals, the single tax payers in the general system of taxation associated with the entry into force on 1 April a number of rules of the Tax Code. Previously experts have made to reduce the number of small and medium businesses as a result of the entry into force of the Tax Code.

Tax counted one million entrepreneurs uproschentsev

The State Tax Administration received nearly one million applications from individual entrepreneurs willing in 2011 to work on a simplified tax system According to the press office of STA, the necessary number of blank certificates were provided. For the timely issuance of certificates installed on duty senior officials at the weekend. Statements about the transition to a simplified system should be filed not later than 15 days before the start of the next reporting (tax) period. In 2011, the conditions for the transition of small businesses in the simplified system has not changed. From the latest edition of the Tax Code was deleted chapter on uproschentsev and saved previously in force size of the system.

Petrol in Ukraine for 40% of poor quality, - the expert

20% to 40% of fuel in Ukraine - the smuggling and of questionable quality. This was stated by Director of Consulting Group A-95 Sergei Kuiun today at a press conference, "We believe that 20% of the market - low-quality fuel, a more radical assessment - it is up to 40%" - said the expert. As reported GolosUA, expert blames the public authorities, which should strongly defend the economic boundaries. Kuiun also added that the imposition of excise duty on import of fuel will result in shadowing of the market, since import fuel legally become unprofitable.

Bank urged Ukraine to take advantage of opportunities

Shifting the investment climate and high levels of corruption impede Ukraine to implement structural changes in the agricultural sector. This was stated by the Director of the Agribusiness Department of the European Bank for Reconstruction and Development Gilles Mettetal in an interview with The Mirror of the Week ". "Those companies that are already entrenched in the Ukrainian grain market, harassed and intimidated. It remains the only way - curtail production," - said a spokesman for the EBRD. According to him, these factors have led many potential financial investors to shift to Brazil and other country's investment attractiveness. J. Mettetal noted that information about the intentions of the new authorities in Ukraine to monopolize the export of grain delivered to the Bank permanently. In this case, complained not only international but also Ukrainian companies, focusing on the impossibility in such a situation to realize investment provided by the EBRD. "Bank - non-political organization, so we do not pursue any political goals and do not advocate political advisers. We just want to hand over power our main message: Canada is supportive, I'd say fantastic opportunity to become one of the leading suppliers of food in terms of its catastrophic shortage in the world. Do not miss it and use it fully, "- said Jean Mettetal. He also noted that the infusion of investment and the creation of appropriate conditions for doing business in Ukraine, Kazakhstan and Russia could meet half of world demand for cereals.

Forbes: Gazprom - the three largest companies in the world by profit

Russian gas concern Gazprom took third place in earnings in the list of two thousand largest public companies in the world in general, the ranking compiled by the magazine Forbes, which takes into account other than profits, revenues, assets and market capitalization, Gazprom takes 15 th row (last year - 16 th). According to the newspaper, the profits of Gazprom in the past year amounted to 25.72 billion dollars in the first place for profit - Nestle with a profit of 36.65 billion dollars, while the second - Oil and Gas ExxonMobil, earned 30.46 billion dollars, transmits Lenta.ru. Leader of the general ranking second consecutive year, Forbes became a U.S. bank JPMorgan Chase. Second line of the overall rating has taken a British bank HSBC, and the third - the American corporation General Electric. More than just a ranking of companies from the U.S. was - 536 companies. The second highest number of large corporations, Japan (260). The top five also included China (121 company), Canada (67 companies) and South Korea (61 companies). In the rankings, no Ukrainian company. In Forbes estimated the total capitalization of all listed as companies in 38 trillion. U.S. However, their total profits for the year increased by one trillion dollars to 2.4 trillion. U.S.

Hu Jintao: China's trade turnover of Ukraine and reach $ 10 billion

President Hu Jintao, Chinese President Hu Jintao announced the problem, according to which trade between China and Ukraine in 2012 should reach $ 10 billion He said this today during a meeting with Prime Minister Mykola Azarov, who is on official visit to China, the press service of the government. According to estimates of the Chinese side, now the trade between China and Ukraine makes 7,7 billion dollars Azarov stressed that Ukraine pays special attention to developing partnerships with China. The prime minister said today the most pressing is the cooperation in aerospace, aviation fields, military-technical complex, as well as in information technology. The parties also noted the significant growth of trade between the countries during 2010, when growth was 36%. Today Ukraine and China are preparing to sign the agreement on strategic partnership, particularly on major projects. Also during the meeting, Hu Jintao reiterated the Prime Minister Mykola Azarov and their willingness to visit Ukraine. Recall the trade turnover between Ukraine and China in 2010 amounted to only $ 6 billion in September last year, President of Ukraine Viktor Yanukovych in the state visit to China signed a series of documents that strengthen the Sino-Ukrainian friendship and assumes the arrival of Chinese investments into Ukraine.

Monday, September 26, 2011

Net profit of the Bank in 2010 amounted to 1.4 billion euros

Net income of the European Bank for Reconstruction and Development (EBRD) in 2010 amounted to 1.4 billion euros against a net loss in 2009 amounting to 746 million euros. Net income received in the last year, will allow the bank to strengthen the recovery of the region by the presence of new investments, said in a press release from international financial organizations. As a result of the economic rehabilitation of Europe, the Bank has lowered the cost of establishing reserves. The EBRD expects that the investment in 2011 will be from 8 to 9 billion euros. The purpose of investment bank will overcome the lack of diversification of the economy, the underdevelopment of local capital markets, as well as energy efficiency. According to Vice-President, Chief Financial Officer Bank Manfred Schepers, which are contained in the message, the non-performing loans account for 3% of the total loan portfolio. Bank during the past five years has increased the Tier from retained earnings by 57% and now it is 12.1 billion euros. In a press release the Bank notes that in 2010 the bank's shareholders decided to increase the authorized share capital by 50% - up to 30 billion euros, which should occur during 2011. Source: bankir.ru

MPs will resolve the activities of industrial parks

The Verkhovna Rada of Ukraine registered a draft law on industrial parks. Bill № 8396 from 15.04.2011 referred to the Committee of People's deputies from OU-PSD, BYuT and the PR-B. The document was developed to determine the rules for the creation and operation of industrial parks and their management to ensure economic development and competitiveness areas, enhancing the investment and innovation, creating new jobs, the development of modern production and market infrastructure. Adoption of the draft should legislate the concept of the industrial park as a form of investment in construction and development of land for industrial and other economic activities, to determine the legal status of state and local governments, as well as business entities as the initiators of the industrial parks in the lands state, communal and private property to fix the legal status of the management company and participants in economic activity in the industrial park, to regulate social relations between the initiators, the management company, members of the industrial park, set the legal basis for the establishment and operation of industrial parks in Ukraine. It is proposed to establish that in case of creating an industrial park on the lands of the state or communal property land is rented for a period of not less than 30 years. Management Company of the industrial park will be entitled without the consent of the landlord sublet the participants of the industrial park providing her from the lands of the state or municipal property in the long-term lease land for settlement and development of the industrial park.

For the mayor of Lviv Bandera and Shukhevych - heroes

Today in Lviv will honor memory of the commander of the Ukrainian Insurgent Army Roman Shukhevych. The press- service of the Lviv City Council. "Lviv must stand firm in the field. Shukhevych, Bandera - it's our heroes who fought for the independence of our country, they are not captured foreign territory, they were defending our land. It's nice that children and young people will remember and honor the heroes, "- said the mayor Andriy Sadovy. A number of events dedicated to the 61 anniversary of the death of General-cornet of the UPA, Lviv hold cell UPDF Plast. It is reported that for older Plast competitions will be held today Football. Younger scouts will try myself as UPA soldiers during field play. It will reflect the process of testing the endurance, skill and dedication to Ukrainian soldiers UPA. For those who will be tested and will reach the end of the game completed the offering of a solemn oath, according to Press Service of the City Council. As reported in January, Lviv city council has allocated 3.5 million USD. to supplement to their pensions to veterans of the Ukrainian Insurgent Army in 2011. Each of the veterans of the local authorities will pay more to 500 hryvnia for retirement. In turn, the regional authorities took decision to allocate funds for the completion of the monument to Stepan Bandera in Lviv. At its construction had already spent five million UAH, and for the completion of construction to another 4.7 million USD.

Watermelon promises to invite journalists to the NBU

Meetings and final meeting of the National Bank of Ukraine (NBU) will be conducted on an ongoing basis with the participation of the media. This was stated by chairman of the National Bank of Ukraine Sergey Arbuzov at a meeting of the National Bank on Tuesday, January 25. According to the regulator during the board meeting at which the first was attended by representatives of the media, S. Arbuzov introduced a new member of the board regulator, summed up for 2010 and outlined tasks for the current year and medium term. In particular, the following questions: - Results of the National Bank of Ukraine for 2010. - Assessment of the macroeconomic situation and prospects for 2011. - Ways to promote lending to the economy. - The main objectives of banking supervision at the present stage. - Status of the work and the main tasks for the organization of cash circulation and legal activities within the National Bank of Ukraine. During the board meeting NBU identified the following tasks: - To promote the reduction of inflation - to save predicted dynamics of the hryvnia exchange rate - Supports international reserves at a level sufficient to minimize the adverse exchange rate fluctuations, the hryvnia, - improvement of foreign exchange regulation, its simplification and increased efficiency - incentives banks to increase its capital - to improve the quality of bank assets - the restoration (in cooperation with the Government of Ukraine) a full and stable operation of banks, recapitalize the participation of the state, and OJSC CB Nadra - improvement of supervisory policies and procedures of supervision on a consolidated basis.

The head of the Central Bank of China confident in the euro area

The head of the Central Bank of China Zhou Hiachuan expressed confidence in the future euro zone and reiterated Beijing's support for European countries which are experiencing serious debt problems, reports AFP. "China is very confident in the euro area" - said Hiachuan during a press conference held Friday at the annual parliamentary session in Beijing. "Despite some problems in some European countries, China will actively assist those who are experiencing budget problems, so they can rebuild their economy." The head of the People's Bank of China also said that Beijing was "absolutely confident" in the European economy. China has the world's largest foreign exchange reserve, which in late 2010 exceeded $ 2.847 trillion. Almost half of the reserve ($ 1,16 trillion) is composed of U.S. government debt (US Treasuries). However, gradually growing in it and the share of bonds in euros.

BYUTB predicts the hryvnia from the ceiling

Statements about the coming collapse of the hryvnia exchange rate made by the Chairman of the Parliamentary Committee on Industrial and Regulatory Policy Natalie Royal, are without basis in reality. This was stated by the former deputy chairman of the National Bank Sergei Yaremenko the commentary edition of the UNN. "Any statements regarding the hryvnia for today are not unfounded, because no one can predict what will happen to international tender. I assume that the dollar will be worth six hryvnia fall, but it's all words," - said the expert. At the same time, he acknowledged the presence of some negative factors that destabilize the national currency exchange rate. "The external trade balance of Ukraine not going well. If you take the current trend, then a part of foreign exchange earnings would not be very good. But now there is not that external constants, which we'd hoped, just based on internal efforts," - said S. Yaremenko. According to him, the role of governments in both Ukrainian and world powers, today is limited. "Events in Japan and Africa have proved it," - the expert added. As reported earlier by the representative BYUTB N. King stated that a further increase of the negative trade balance of Ukraine will lead to a devaluation of the hryvnia. According to her, if the negative trend continues, in the autumn of the hryvnia to the dollar will fall to 11 UAH / USD. Ministry of Industry

STA extended the deadline for "land" declarations

GNSU extended the deadline for the declaration of land tax and rent on the land until February 1. The bodies of the State Tax Service of Ukraine (GNSU) take the declaration on land tax and land rent on the old form, and their term extended for filing until February 1. This was reported by Head of Administration of payments for land use and local taxes and duties department of income tax and other taxes and fees GNSU Catherine Grivnak during the workshop in GNSU Thursday. "This year, all the organs GNSU received the letter, according to which taxpayers are permitted to provide the declaration for the land tax and rent for the land the state and municipal ownership on the old form - until February 1, that is, before the deadline of submission of annual declarations, - she said. As explained by E. Grivnak, according to the Tax Code, actors, send the declaration by mail should send them to the authorities GNSU 10 days before the deadline of submission, ie, January 21, 2011. At the same time a new form of tax declaration, approved by Order GNSU? 1015 December 24, 2010, was officially published until January 24, 2011. In addition, E. Grivnak noted that the terms of payment of tax liabilities have not changed. As reported, the Tax Code came into force on 1 January 2011.

"Uproschentsy" can not be employees

Individuals, businesses, located on the simplified tax system can not simultaneously with the implementation of its main activities to be employees of the same type of economic activity, said the State Tax Service of Ukraine (GNSU). "To prevent the loss of the Tax Code of Ukraine for the self-employed persons are not able to be provided for employees within their business," - said in explaining GNSU, released on the website of department. According to the explanation, the subjects of management, while minimizing taxes and duties (in particular, the Pension Fund) frequently used the scheme of transfer of tax obligations for individuals in business. "So, between enterprises and workers who work with them on an ongoing basis, enter into agreements that are subject to payment for work performed, services rendered self-employed persons (instead of the payroll)," - said in a statement. In addition, in GNSU note that in accordance with the Tax Code of Ukraine and the Government Decree amending the Decree of the Cabinet of Ministers of Ukraine dated March 16, 2000 № 507 "№ 1196 from December 27, 2010, the single tax payers are not eligible to register payers Value Added Tax (VAT). Recall, Government Decree № 1196 also provides that the functions of payment and distribution of the sums of the single tax with the introduction of the Tax Code will conduct themselves payers, not the State Treasury, as provided by law. In addition, according to the document, the subject of small business, not a VAT payer, in the case of operations on the import of goods into the customs territory of Ukraine pay VAT in a Tax Code.

Gas transit through Ukraine soaring

The rate of transit of Russian gas through Ukrainian territory in the first quarter of 2011 increased by 59.55% compared with the previous period, to 2.84 dollars per thousand. cu. meters per 100 kilometers of transit. This was announced today, Energy Minister Yuriy Boyko, the coal industry. Recall that in the IV quarter of 2010 the transit rate was 1.78 dollars per thousand. cu. meters per 100 kilometers of transit. It was reported that in 2010 the volume of natural gas transit through Ukrainian territory was 98.603 billion cubic meters. m, which is 2,9% more than in 2009, according to DK Ukrtransgaz. It is worth noting that the company had previously forecast an increase in 2010 gas transit through Ukraine for more than 9% compared with the previous period. November 16, 2010 Deputy Chairman of the Board of Naftogaz of Ukraine Vadym Chuprun said the company expects revenue of about $ 3 billion on Russian natural gas transit through Ukraine in 2010. According to him, Naftogaz has made every effort to keep the volumes of gas transit through Ukraine to the maximum level in 2011. Ministry of Industry

Filing tax returns entrepreneurs

The final payment of tax on personal income tax during the reporting period by the taxpayer alone, according to data entered in the annual tax return, taking into account the tax on personal income and the amount of payment for trade patent on the basis of documentary confirmation of their payment. Prior to the approval of new forms of declarations, which take effect from the tax period following the tax period in which the place of their publication, are actually the old forms of declarations. Natural persons - entrepreneurs registered for the current year in accordance with the law or who switched to the simplified taxation system on the overall system or pay a flat tax before the entry into force of the new Tax Code, to file a tax declaration on the results of the quarter, which was started by an activity or switched to a common system of taxation, and reflect on their own down payments calculated in a similar manner.

New mechanisms of VAT administration will not bring results

New mechanisms for VAT administration and control of optimizers will not bring real results. Most innovations merely expands the powers of the tax police. In fiscal constitution to prevent violations of its rules proposed appeal of constituent documents and transactions, increase the list of reasons for the documentary field inspection. Experts believe that it was appropriate to limit b taxman direct communication with the payer of fees. "If we know that there are certain circuits blow the tax credit, it was necessary to register in the Tax Code, certain limitations and, say, do not connect here the control authorities, as a whole. The trend is in tax policy is to maximize the isolation of communication with the tax Service and the taxpayer, "- commented to UBR.UA Alex Moldovan, Senior Consultant, Department of economic and social policies of the National Institute for Strategic Studies.

How to move to a flat tax

The State Tax Service in Sevastopol explained some of the provisions of the Tax Code of Ukraine. Namely: Is it possible to move to a flat tax, with no evidence of VAT. Articles 181 and 182 of Title V of the Tax Code defines the conditions for which individuals may or must be registered with the payers of value added tax. Under paragraph 181.1 of Article 181 of Title V of the Code compulsory registration is subject to the person from whom the total amount of operations for the supply of goods / services over the past 12 calendar months, cumulative over 300 ths. (Excluding VAT). Ie, a person (including a newly created), but a person who is a single tax payer is required to register VAT after the date of actual delivery of the supply of goods / services, which together exceed the sum of 300 thousand hryvnia. A business entity - a legal person, under the simplified system of taxation, accounting and reporting and an elected single tax rate of 10% in accordance with Presidential Decree of 03.07.98 N 727/98 "A simplified system of taxation, accounting and reporting of small enterprise "(hereinafter - the Decree № 727) required to register with VAT after reaching a mln. Under paragraph 182.1 of Article 182 of Title V of the Code voluntarily register with VAT can only be the person who performs taxable transactions of less than 300 thousand UAH. and volumes of supplies of goods / services to other VAT payers over the past 12 months cumulatively account for at least 50 percent of total shipments.

Sunday, September 25, 2011

Customs has expanded the budget by 88 billion UAH.

During the period from March 2010 to February 2011 the customs authorities transferred to the state budget 87.9 billion USD., That is 5,6 billion UAH. (6,8%) than for the period from March 2009 to February 2010. Reported by the press office of the Cabinet. Without regard to VAT revenue on imports of natural gas per year, the customs authorities of the government transferred 87.3 billion USD. That at 23.8 billion USD. (By 37,5%) than for the corresponding previous period. Also seen an increase of average daily revenue of customs duties (excluding VAT revenue from natural gas) to 347.9 million USD, an increase of 36% (by 91.8 million UAH.) More than in the previous period (256.1 million UAH). As Reportedly, all from March 2010 to February 2011 the customs authorities in the state budget transferred 74.6 bln. VAT on imported goods, 8.8 billion USD. import duty, 3.9 billion USD. excise duty to imported goods. "These positive developments took place through the implementation of the State Customs Service of measures aimed at tightening control over the accuracy and completeness of the declaration, the accuracy of determining the customs value of goods, detection and suppression of facts movement of goods across the customs border of Ukraine outside customs control, security system planned to work towards combating smuggling" - said in a statement. Earlier, Prime Minister Mykola Azarov voiced the opinion that the customs should work more transparent. The Prime Minister emphasized that the draft Customs Code, which has already been developed and is preparing for submission to the Verkhovna Rada will introduce a more transparent and clear procedures to meet European customs regulations, and eliminate as corruption risks, and delay in customs clearance of goods.

AUB has not given to destroy the small Ukrainian banks

February 15, 2011 the Verkhovna Rada of Ukraine passed a bill N 0884 "On amendments to some laws of Ukraine (regarding regulation of banks), which up to this effort, AUB was shot 4 times from the vote because of discriminatory rules concerning the Ukrainian banks. In particular, the bill provided for the requirement to increase the authorized capital of newly established banks up to 500 mln. As a result of AUB and the compromises reached during the voting in parliament, this requirement was reduced to 120 mln. In addition, the decision has been made by deputies rate at which banks are working already on the market, should result in the size of its share capital in compliance with this norm for 5 years (instead of 2 years, as suggested in previous editions). As you know, on the eve of leadership AUB held a working meeting with the NBU, during which they discussed the proposal of AUB and the possible compromise solutions. AUB also handed a letter to all deputies of Ukraine with compromise proposals on the requirements of the draft law N 0884. In particular, AUB offers for existing banks to establish requirements to increase to 120 mln. for regulatory rather than capital, setting this is not less than 3 years. Parliament adopted the norm established more stringent requirements for the authorized capital of existing banks, which is a compromise solution, given the mechanisms to stabilize the banking activity under Basel III. As noted in the AUB, in accordance with the foregoing requirements of the bill at more than 70 banks in Ukraine during 2 years of age have had to increase its authorized capital by an average of 67,2%, which requires 3,9 billion UAH.

Procedure for submission of Financial Reporting will be changed

eeeeObnarodovan Draft Resolution of Cabinet of Ministers, which includes changes to the order of presentation of financial statements, approved by the Cabinet of Ministers of 28.02.2000, № 419 (hereinafter - the Order). In the case of approval of the draft resolution procedure would be brought into conformity with the provisions of the Tax Code and the Law of 16.07.1999, № 996-XIV, namely: - payers of income tax will apply to the Authority SOT quarterly and / or annual financial statements (all except small businesses), and small businesses, which are assigned to those according to the Commercial Code - annual financial statement - legal entities that meet the criteria as defined § 154.6 of the Tax Code will be required to submit financial statements provided to small businesses, the relevant authorities once a year - the annual financial statements will be filed not later than February 9 - Quarterly financial statements will be submitted to the authorities of the SOT in the timing of the tax return for income tax, that is, within 40 calendar days following the last calendar day of the reporting (tax) district - banks will submit financial statements and consolidated NBU's financial statements in accordance with their specific. The entry into force of the Order is expected to 01/04/1911, the

Lutsenko's wife complained to the investigator

Hence the Prosecutor General Sergei Voichenko, who heads the investigation team to investigate a criminal case against former Interior Minister Yuriy Lutsenko, refuses to allow doctors to him. This was stated by husband's ex-minister of Irina, the press service of "People's self-defense." She noted that the 4-month stay in jail affected the health of her husband. "Yura never to complain, only occasionally paid attention to any inconvenience. But now his health deteriorated and it shows at first sight," - said his wife Lutsenko. She reported that contact one of the clinics described the symptoms of ill health Lutsenko, and doctors advised her to make a detailed analysis of blood. "Blood was held in custody. Test results confirmed that the body of my husband is a specific inflammatory process in a sufficiently serious dynamics. Later, the chief prison medical unit personally conducted the medical examination, and confirmed that my husband has serious health problems", - said I. Lutsenko. She noted that to fully determine the cause of ill health Lutsenko require additional medical examinations and obtain a qualified doctor's advice that it is impossible to carry out the forces and means of medical prison. To obtain permission for admission of a doctor in the detention facility IA Lutsenko filed all necessary documents to the investigator S. Voichenko, who single-handedly solve these issues. "But despite the results of blood tests and conclusions nachmed jail, the investigator without justification reason to deny my husband a doctor's advice," - said I.

Lutsenko hopes that his were released

Ex-Interior Minister Yuriy Lutsenko hopes that the Court of Appeal of Kiev will impartially consider his appeal for an extension of his detention in Lukyanovka jail for two months. About this in a letter gvooritsya Yuriy Lutsenko, the press service of the People's Self-Defense. " "This is a trial going for me is very important because from it will depend, I'll go to freedom now, will remain behind bars indefinitely. I very much hope that this time the judges to decide dispassionately, carefully and with strict observance of the laws" - said the ex-minister. Lutsenko also appealed to his supporters asking them not to organize under the walls of the Court of Appeal of mass actions that might aggravate the situation surrounding this meeting, as he is concerned, the judges started to consider the matter carefully and to decide in a calm atmosphere. "I do not renounce the support of Ukrainians, because I know that to protect me is to collect a million signatures in different parts of Ukraine. I am grateful to everyone for the support - it is very important to me now" - the politician stressed. "I urge all concerned citizens to refrain from hiking and long rallies under the walls of the Court of Appeal also given the difficult weather conditions - take care of your health, because I am sure that very soon all of us the strength needed for the active political struggle against the current regime" - summed Yu . Lutsenko. As reported, the Court in Kiev extended until April 27 detention of ex-Interior Minister Yuri Lutsenko.

The Cabinet is working to ensure that South Stream is not implemented

Canada is currently engaged in "intense discussions" with Russia on a pipeline project South Stream, "which" is harmful to our country "This is the Minister of Energy and Coal Industry of Ukraine Yuriy Boyko said today in Donetsk at the press conference, UNIAN . The minister noted that South Stream gas pipeline "- a political project of our Russian partners, who want to create an excess transit capacity that they have done first on oil, now the gas." In this case, Boyko said: "We are clearly unprofitable. ... The position of our president's tough enough, I did ... was present at the way he expressed it in communion with the Russian leadership, that is a project that contradicts our national interests. Simply put, it takes away from our gas pipes. " The Minister noted that it "is why we and the European Union, and with local partners working in the direction that this project was not implemented because it is bad for us." "South Stream" - a system of gas pipelines, which will connect Russia and the countries of South and Central Europe. The main gas pipeline will run under the Black Sea from Novorossiysk (Russia) to Varna (Bulgaria). It is assumed that the "South Stream" will bifurcate: one line will pass through Greece to southern Italy, the second - through Serbia and Hungary to Austria.

AUB: Negotiations with EU on free trade zone under threat

The bill № 0884 "On amendments to some laws of Ukraine (for the regulation of banks) did not meet the standards of the EU and Ukraine could harm negotiations with the EU. On this question in a letter to the President of the Association of Ukrainian Banks Oleksandr Sugonyako to the Minister of Justice Oleksandr Lavrynovych, the press service of AUB. According to the Association, this document should be withdrawn from consideration by the Verkhovna Rada and finalized in accordance with the requirements of EU legislation. In AUB believe that some rules of the bill could adversely affect compliance with competition in the banking market and will have devastating consequences for the "small" and "secondary" banks, as well as increase the concentration of financial risks. "To date, only 50 of nearly 180 Ukrainian banks have capital of more than 500 million UAH. Given the current situation and practices, we can assume that the sum of 500 million UAH (45 million euros) will be required by regulators as the minimum capital requirement for existing banks. Now the regulator already requires banks to have improved their regulatory capital to a size that exceeds the law for the creation of new banking institutions ", - said Alexander Sugonyako. Recall the other day AUB appealed to the European Commissioner for Enlargement and European Neighbourhood Policy, Stefan Fule a formal request to comment on the standards bill number 0884 for compliance with EU standards.

The official exchange rate on February 10

On February 10 the National Bank has established the following official rate of hryvnia against foreign currencies: 100 USD - 794.3000 (on February 9 - 794.5000) 100 EUR - 1083.9812 (9 February - 1083.3007), 10 RUR - 2.7108 (as of February 9 - 2.7158).

The official exchange rate on February 8

According to the official site of the National Bank of Ukraine, on February 8, National Bank has established the following official rate of hryvnia against foreign currencies: $ 100 - 794.5000 (7 February - 794.5700) 100 EUR - 1076.7859 (on February 7 - 1083.0784) 10 ? - 2.7052 (7 February - 2.7014)

Ukraine could strengthen the European Union

Ukraine's accession to the EU will strengthen the competitiveness of this association. This opinion was expressed by Foreign Minister Konstantin Gryshchenko in an interview with Channel 5. "Ukraine as part of a free trade zone, and in the future as a full EU member, is one of the factors that would enhance the competitiveness of the Union" - said the minister. Hryshchenko said that negotiations on the establishment of free zones Trade with the EU requires more effort. "Our partners in the EU say that total trade for the EU and Ukraine is about one percent. For us, it is much more, it is more than 30%. Therefore, of course, there is a certain imbalance in terms of what we can get, and a relatively small proportion of what could change the situation as a whole for the EU ", - he stressed. Earlier, Prime Minister Mykola Azarov said that Ukraine does not agrees with the individual requirements of the EU, put forward by during the negotiation of a free trade area. In particular this concerns the intention of the EU set a "quota curtain for the production of Ukrainian agricultural industry. At the same time the Prime Minister noted that several previous rounds have been very constructive, and came close to an agreement. According to M. Azarov, agreed nine-tenths of the matters governed by the agreement on free trade zone. Ukraine and the EU started negotiations on an Association Agreement in 2007. In early 2008, the parties began negotiations on an agreement on free trade zone, which should be part of the Association Agreement.

The official exchange rate on February 23

According to the official site of the National Bank of Ukraine, on February 23, National Bank has established the following official rate of hryvnia against foreign currencies: USD 100 - USD 793.7800 (22 February - 794.0100) 100 EUR - USD 1084.8591 (February 22, - 1085.2529) 10 Russian rubles - 2.7105 USD (22 February - 2.7234)

The official exchange rate on February 22

According to the official site of the National Bank of Ukraine, on February 22, National Bank has established the following official rate of hryvnia against foreign currencies: $ 100 - 794.0100 (21 February - 794.1700) 100 EUR - 1085.2529 (21 February - 1082.2155) 10 USD - 2.7234 (February 21, - 2.7143)

The official exchange rate on February 4

According to the official site of the National Bank of Ukraine, on February 4, National Bank has established the following official rate of hryvnia against foreign currencies: 100 Dolar USA - 794.3700 UAH (February 1, 794.1700 USD) 100 EUR - USD 1091.8616 (February 1, 1096.1929 hr); 10rossiyskih RUR - 2.7066 USD (February 1, 2.6992 USD).

Saturday, September 24, 2011

The official exchange rate on January 18

According to the official site of the National Bank of Ukraine, on January 18, National Bank has established the following official rate of hryvnia against foreign currencies: $ 100 - 794.4500 (17 January - 795.0300) 100 EUR - 1057.4924 (January 17 - 1061.2855) 10 ? - 2.6435 (17 January - 2.6542).

Plan to privatize is made on 0,09%

In January, the State Property Fund listed in the state budget 9.037 million USD from the privatization of state property. Data provided as of February 3 at the budget-2011 the Verkhovna Rada is scheduled to collect from the privatization of 10 billion hryvnia. Thus, until that income amounted to 0.09% of the plan, according to "Ukrainian News". In 2010, the State Property Fund has collected from the privatization of 1.093 bln. Actual revenues were 17.21% of the plan.

The official rate of exchange on January 31

On 31 January the National Bank has established the following official rate of hryvnia against foreign currencies: 100 USD - 794.0000 100 EUR - 1088.5740 10 RUR - 2.6762

The ECB left rates at 1% per annum, as expected

The European Central Bank (ECB) on Thursday kept the base interest rate of 1% per annum, the minimum value of the history of the ECB since 1999. This coincided with the expectations of analysts surveyed by Bloomberg. The last time the ECB changed its bid May 7, 2009 - then it was reduced by 0.25 percentage point to 1% per annum. The traditional press conference of the European Central Bank head Jean-Claude Trichet will be held at 16:30. Experts expect it comments on the position of the ECB in respect of increasing inflationary pressures on the background of the weak pace of economic recovery in the region. "We continue to expect a cycle start tightening monetary policy only towards the end of the year - said the chief economist at UniCredit Bank AG in the eurozone Marco Valli. - At the same time, the ECB wants to sound threatening now to prevent the growth of inflationary expectations - the worst nightmare of the ECB . Many economists note that the European Central Bank, whose rate is at least its history since 1999, has become increasingly difficult to make a decision on an extension to provide crisis management support through the provision of cheap liquidity amid an unexpected acceleration in inflation. On Wednesday it became known that the growth rate of producer prices in the euro area in December accelerated to a maximum of two years. According to the Statistical Office of the European Union, producer prices in the euro zone rose in the last month of 2010 by 0,8% compared to November, when the rate increase was 0,3%.

Azarov is sure that quotas for grain export will be no more

Prime Minister Mykola Azarov is sure that the use restrictions on grain exports will no longer have The head of the Ukrainian government, said during a meeting with Deputy U.S. Treasury Secretary Christopher Smart, the press service of the Cabinet. Azarov said that to protect the domestic food market, the government was forced to resort due to the abnormal drought in Ukraine and the lack of grain in the world. This allowed us to keep the domestic price of grain at times lower than in EU countries. The head of government said the measures the authorities to ensure a stable, efficient operation of the agrarian complex, in particular, the formation of state grain reserves. "We have good carry-over stocks, we have a large state reserves - 1.6 million tons, and has already begun under the forward purchase of a new crop," - said the prime minister. Azarov noted the successful holding in Ukraine as planned autumn and spring sowing, and the proper feeding of crops, hoping for a good harvest in 2011. "If there is a good harvest - no restrictions will be", - assured the prime minister. The Cabinet of Ministers extended the quotas for grain export to July 1, 2011 and increased quota for corn for 2 million tons

World gold prices down

Today, gold prices on the global market decline. In the short term is expected to further reduce the cost of the yellow metal. It is reported by X-Trade Brokers Ukraine Gold rose in price on Monday against the backdrop of increasing demand for safe-haven assets. Gold prices up to yesterday's auction reached its highest in three trading days index - 1,424.9 dollars per ounce. Today morning the price of gold in London was in 1407 dollars, and in the course of trading, spot prices have fallen lower than 1400 dollars. As experts X-Trade Brokers Ukraine, investors channel funds into gold, reducing positions in riskier assets, while trying to adequately assess the impact of events in Japan on the world economy. Gold is considered to hedge inflation risks, and its prices typically rise in inflation. Japan's problems overshadowed the civil unrest in the Middle East, which continue to support gold prices.

The official exchange rate on April 27

On April 27 the National Bank has established the following official rate of hryvnia against foreign currencies: 100 USD - 796.5400 (26 April - 796.5400) 100 EUR - 1164.3025 (April 26, - 1161.6739) 10 RUR - 2.8554 (for April 26 - 2.8509)

Nuances of presentation of the new Declaration of excise tax

Tax gave an explanation on the submission of the Declaration of excise tax, approved by order of the STA from 12.24.1910, № 1030 (published in the "Balance", 2011, № 15). Namely, regarding: - the number of returns filed by payers of excise taxes that are both importers and producers, or both of the other categories of payers of excise duty - the submission of applications to the Declaration - display in the tax reporting of tax liabilities, based on the amount of excise goods shipped (products) for which the payer of excise duty has received advance payments in 2010 - the declaration of tax liabilities with alcoholic beverages and tobacco products imported into the customs territory of Ukraine, including on which excise tax paid during the purchase of excise stamps till 01.01.2011 year - the declaration of excise tax payers who are not manufacturers or importers. Letter of 2/21/1911, the STA № 4811/7/21-0117. Note that, since March payers submit a declaration of excise tax on a new form, which is available on our website under "Directory accountant" under "Forms of accountability." A consultation on the completion of the new reporting, see the "Balance" № 22 (vydet out of print, the 17/03/1911).

The euro may be cheaper by 2-3,5%

The euro next week will move into a phase of correction, and in the early days of the week Eurocurrency be cheaper by 2-3,5% This forecast is voiced by experts X-Trade Brokers Ukraine. Today the euro in exchange for the hryvnia strengthened against 1,5-3 cent to 10.6820 / 10.8485 USD / EUR. The course of the euro / dollar on the world market increased by 0,5%, and currently stands at 1.3535. This contributes to the positive statistics in Germany, where the business climate index in January of this year reached a record 20 years, the mark of 110.3 points.

Gold and foreign currency reserves in February 2011 amounted to 36.7 billion dollars

Gold and currency reserves in February 2011 increased by 1 billion 531.01 million to $ 36 billion to $ 669.99 million USD, reported the press office of the NBU. Foreign currency reserves amounted to 35 billion U.S. $ 414.34 million IMF reserve position - 0.03 billion dollars, gold - 1 billion to $ 245,350,000 Source: RBC-Ukraine

Gold and foreign currency reserves totaled 36.7 billion dollars

In February of 2011 gold and currency reserves increased by 1 billion 531.01 million, and amounted to 36 billion U.S. $ 669.99 million, reports the press service of the NBU. Foreign currency reserves amounted to 35 billion U.S. $ 414.34 million IMF reserve position - 0,03 billion dollars, gold - 1 billion 245.35 million U.S. recall, according to the head of the group of advisers NBU Valery Litvitsky as of February 1, 2011 foreign exchange reserves of the National Bank of Ukraine amounted to 35 billion to $ 131.097 million