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News / 3 December 2008 | 17:40

Cabinet to negotiate with the World Bank


The Cabinet of Ukraine negotiates with the World Bank possible partial payment of services by the Blackstone Group International and Credit Suisse Banks as Ukrainian financial advisers in the field of reconstruction and recapitalization of the banking sector, the First Vice Prime Minister of Ukraine Oleksandr Turchynov told. He noted that "Negotiations are aimed to minimization of load upon the state budget."

Turchynov told that in the world financial crisis involving of these companies would be inevitable. They will go in for service of international debt of Ukraine and analyzing of current financial situation in Ukraine. "They will help us to hold talks with sponsors of large enterprises who want to return their credits preliminary," the First Vice Prime Minister added.

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14:19 All activities within the presidential election campaign have been cancelled after the H1N1 flu epidemic and quarantine were declared in Ukraine, Premier Yulia Tymoshenko said.
12:32 All education establishments in Ukraine's capital were closed on Monday until further notice due to a flu epidemic that has killed 53 people, according to the ex-Soviet state's Health Ministry.

30 October 2009
17:47 The Cabinet of Ministers of Ukraine has placed Ukraine's nine regions in quarantine in view of the H1N1 flu epidemic.

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