breakingnews
04.03.2009, 11:22
The President of Ukraine has sent an official letter to the International Monetary Fund describing the concessions which the country agrees to in order to receive $US 2 billion as a stabilisation loan.
07.03.2009, 04:02
The credit crunch has left no corner of the globe untouched, but few places are suffering more than Ukraine, where the economy is on the brink. Some media describe the mood as pre-revolutionary.
02.03.2009, 10:35
1 comment
The European Union has rejected a 190 billion euro bailout for Central and Eastern European members in deep economic crises. Now the prospects for Eastern Europe are gloomy at best.
25.06.2009, 20:42
7 comments
California, America’s most populous state, has a projected $24.3 billion budget deficit for the coming year, and may start issuing IOUs starting next week.
13.11.2009, 22:38
4 comments
There’s broke and then there’s Pembroke (Illinois, that is). Located in the northern county of Kankakee, the township of Pembroke is now suffering a crushing 46% unemployment rate.
19.06.2009, 13:49
2 comments
Former Ukrainian Finance Minister, Viktor Pinzenik, assesses that the real deficit of the country’s budget is around 14% of GDP. The figure that the government used when preparing the budget is 3%.
27.02.2010, 17:08
5 comments
Ukraine’s President Yanukovich has instructed the Prosecutor General’s Office to check up on Yulia Timoshenko’s work as Prime Minister, especially in relation to budget expenditure.
29.10.2009, 16:11
4 comments
Plans to construct toll roads, improving driving conditions and bolstering the economy, have gained recent attention with supportive comments from Prime Minister Vladimir Putin providing extra traction.
04.07.2009, 10:03
7 comments
The US administration has been saying it sees the first green shoots of economic recovery. However consumer spending remains low in America, and some experts argue the signs are misleading.
23.04.2010, 20:11
3 comments
Greece has formally asked the EU and the International Monetary Fund to activate the debt-rescue plan to help pull its economy out of crisis.
Published: 11 March, 2009, 20:13
The government of Ukraine has announced it agrees with the requirements set down by the International Monetary Fund (IMF) for providing increased loans.
Leaders like this should effectively be imprisoned. Selling out their countries like this is a real shame. I always thought that leaders were put in place to effectively look after their citizens. It amazes me how the Americans do everything in their power to nationalize and rescue their banks and the IMF is against financing their banks and demands nations to allow their own banks to fail. I would definately have to give praise to Venezuela, Iran, Russia and a select few others for putting the interests of their citizens before their own. Ukraine has effectively sold their soul to the devil.