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
One of the biggest Finnish introducing broker companies Finnprinters, connecting customers and printing houses, has started joint business projects with Lithuania’s 2 printing houses.
more »
Statistics Lithuania informs that, based on the Labour Force Survey (LFS) data, the unemployment rate in I quarter 2009 reached 11.9 per cent, i.e. was close to the level of the year 2004. Over a quarter, the unemployment rate grew 1.5 times, over a year – 2.4 times.
more »
Lithuania’s Acting Minister of Foreign Affairs Vygaudas Ušackas discussed ways of accelerating the implementation of Rail Baltica in the current economic environment and attracting foreign investments for the implementation of this project.
more »
Proposals for transparency and monitoring to keep gas flowing to the EU.
more »
On a day in which G8 leaders in Italy said the world economy still faces "significant risks," a top White House official said the Obama administration is not discussing a second stimulus plan.
more »
EU proposes microfinance facility to encourage the unemployed to start their own businesses.
more »
For those of you who like your fruit and vegetables to look as crooked, knobbly and curvy as possible 1 July was a good day.
more »
Walt Disney will invest almost half a billion U.S. dollars into its Hong Kong Disneyland, to bolster the park's prospects against a planned rival in Shanghai.
more »
On 26 June 2009 Securities Commission (SC) approved the merge of investment funds controlled by UAB SNORAS Asset Management with SNORAS Global Equity Funds of Funds (SGEFF) by joining JT Baltic Equity Fund I.
more »
Taking into account changes on international and domestic money markets AB DnB NORD Bankas, a member of international financial group, has changed time deposit rates for individual customers.
more »