War in Ukraine 26.03.2015 (Donezk,Lugansk,Mariupol,Debaltsevo) News Russia 24
News from Ukraine Subscribe please https://www.youtube.com/channel/UCACMcBKVuq8whhf8ntuXt6Q I do not know how in the West, Russians believe the concept of "Nazism" and "fascism" as ...
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War in Ukraine 26.03.2015 (Donezk,Lugansk,Mariupol,Debaltsevo) News Russia 24 - Video
NEW UFO NLO Ukraine 2015 N.38
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NEW UFO NLO Ukraine 2015 N.38 - Video
KIEV, Ukraine Ukrainian President Petro Poroshenko dismissed one of the countrys most powerful oligarchs from a regional governorship Wednesday, after confrontations over interests in the energy sector sparked a public uproar, threatening the countrys fragile political peace.
Ihor Kolomoiskys resignation as governor of the Dnepropetrovsk region, a position he held since shortly after the ouster of former president Viktor Yanukovych last year, seemed to quell fears that tensions would explode over the oligarchs recent moves to protect his interests in two government- controlled energy companies by bringing in armed guards to their headquarters.
The events served as a reminder to Ukraines Western allies of the formidable challenges facing the shaky nation, especially as Kiev turns its attention from fighting a war along the front to tackling corruption at home.
Poroshenkos response seemed clearly aimed at sending the message that those who cross Kiev can expect to be let go.
If Poroshenko didnt resign him, it would mean that any oligarch can take any government assets and bring armed people to the capital, and thats not good for the country, said Mustafa Nayyem, a journalist and member of parliament who said Kolomoiskys dismissal was the only way to solve this problem and should be the start of a war against the oligarchs.
Kolomoisky, the co-founder of Ukraines largest commercial bank and one of the countrys richest individuals, was a staunch backer of Kiev and was widely credited for using his vast resources to fend off challenges from pro-Russian rebels fighting the government in the east for nearly a year.
In principle, he doesnt disagree with the idea that Poroshenko needs to show the public he has authority over the government or even, generally speaking, the decision to let him go.
Im his employee, but I acted as an equal to him, Kolomoisky said in an interview, describing his style as too independent to operate in a vertical-power system.
Im not good in that kind of scheme; Im a foreign object in that system, Kolomoisky continued. If I were in his position, I would have kicked myself out in three months, because the person who is a superior cannot be an equal with a person who works for him.
But Kolomoisky vehemently disagreed with how things got to the point of his resignation. He sees himself as a victim of political positioning that began shortly after last falls parliamentary elections, a hunt for publicity after the heat of the war, and a need to appease the masses in advance of coming local elections, slated for the fall.
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Ukraines stability under threat after president fires pro-Kiev tycoon
KIEV, Ukraine, March 25 (UPI) -- A downgrade in Ukraine's bond-issuing rating coincides with a debt restructuring program and suggestions the country may soon default on its obligations.
"Although negotiations over the specific details of restructuring are only now getting underway, Moody's believes that the likelihood of a distressed exchange, and hence a default on government debt taking place is virtually 100 percent," Moody's Investor Services said Tuesday in announcing Ukraine's downgrade from Caa3 status to Ca, the second-lowest grade and one grade above default.
Finance Minister Natalie Jaresko said Ukraine had no alternative but to proceed with debt restructuring negotiations with creditors, and the implied understanding foreign private lenders will incur substantial losses instead of expected returns on the bonds they hold. Russia holds a $3 billion bond due for a December payment, and Moscow has repeatedly said it expects to be paid in full, noting it is not a private creditor and will not participate in negotiations.
She added the Kiev government must follow orders of a $15.3 billion debt restructuring program ordered in an International Monetary Fund rescue plan intended to provide $17.5 billion if Ukraine can meet its conditions.
"It is our hope that all of our sovereign bond holders will come to the table and try and find a sustainable solution to Ukraine's debt problem. We hope for creditor negotiations to be very transparent, we don't see any other opportunity or path right now."
The military conflict in eastern Ukraine has plunged Ukraine into recession. Economic output declined by 15 percent in the last quarter of 2014 and is expected to fall another 11 percent in the first quarter of 2015. Its inflation rate currently stands at 28 percent.
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Ukraine's bond rating falls as Russia refuses deal
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