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14 February
, 2012,11:45


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News / 20 February 2009 | 13:20

Hryvnia will burst like a balloon?


MP from the Party of Regions Mykhilo Chechetov believes that dollar will cost 15 hryvnias by summer. He told parliamentary journalists, ForUm’s correspondent reported.

“I think that devaluation of hryvnia will continue, as it is impossible to hold the rate of the national currency without growth of real economy sector,” the MP explained.

He reminded that “dollar can be temporary supported by credits.” “When the real economy sector develops it supports the national currency, and the latter does not devaluate. But if we just take loans while the economy is going down the national currency will turn into a balloon, which blows up, becomes big, but then bursts,” Chechetov underlined.

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13:19 In Davos, President Viktor Yanukovych took part in a World Economic Forum session “New Energy Architecture: Enabling an effective transition.”
10:10 In Davos, President Viktor Yanukovych took part in a session of the World Economic Forum titled "Energy for Economic Growth.” During the session, President Yanukovych brought up the issue of energy security of Ukraine, and told about the implementation of new technologies to use alternative and unconventional energy sources in our country.

24 January 2012
13:48 A Ukrainian delegation has left for Washington to hold talks with the International Monetary Fund (IMF), Ukrainian Finance Ministry spokesperson Viktor Kosarchuk has said.

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