Those fond of debt privatization will need new ideas
Published:
12 July 2001 y., Thursday
A heavy, perhaps final blow has been dealt shadow privatization in Ukraine. On July 5 Verkhovna Rada almost unanimously passed a bill enforcing a moratorium on compulsory sales of public property to private owners. From now on blocks of shares owned by the state and property complexes will be allowed to be sold on account of debts only after settling all problems in this sphere. The moratorium has no time limit and will be lifted only after parliament passes bills tentatively titled On the Executive Service, On the Resumption of the Debtor’s Solvency or Proclamation of Bankruptcy, and On the Mechanism of the Compulsory Alienation of Public Property.
Yuri Hryshan, deputy chairman of the State Property Fund of Ukraine (SPFU), presented the bill in parliament and said its main purpose was to put an end to a series of scandals ensuing from the shadow privatization for token money of several combined heat-and-power units and the giant Rosava tire-making enterprise.
Šaltinis:
day.kiev.ua
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
European cities may still be feeling the pinch of the global recession.
more »
The EBRD Board of Directors has approved a $50 million convertible loan to Petrolinvest to finance the completion of exploration works at the company’s main oilfields.
more »
The European Commission welcomes the adoption today at the United Nations in Geneva of the first international regulation on safety of both fully electric and hybrid cars.
more »
Bloomberg has today announced that Lithuania had the outlook on its credit rating raised by Fitch Ratings after the Government implemented an austerity program to curb the budget deficit.
more »
In January 2010, compared with December 2009, the highest increase in retail trade in the EU-27 Member States was observed in Lithuania.
more »
Three thousand former car, refrigerator and construction workers in Germany and Lithuania will get €7.6 million in EU globalisation adjustment fund aid for training, self-employment and job guidance after Parliament gave the green light on Tuesday.
more »
Some 80% of Europeans continue to travel for their holidays according to a new Eurobarometer survey on ‘The attitudes of Europeans towards tourism 2010’.
more »
The EU's internal market will be under scrutiny Tuesday when a series of reports will be debated by MEPs in Strasbourg.
more »
EU Employment and Social Affairs Ministers today agreed on a new facility to provide loans to people who have lost their jobs and want to start or further develop their own small business.
more »
Over €7.6 million in financial aid for training and self-employment could be available to former workers in German and Lithuanian if MEPs back the measures Tuesday.
more »