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                        TUESDAY, FEBRUARY 14, 2012
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UJ Week
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No gas shortage danger, EU official says
FRANKFURT, Feb 12 - European Union Energy Commissioner Guenther Oettinger said there was no reason for concern that persistently cold weather across Europe could cause a shortage of gas in the region. 10:50 | More
Ukraine depleting underground natural gas stockpile as cold continues
KIEV, Feb. 10 - Due to very cold weather, Ukraine has been taking more natural gas out of its underground storage facilities of late, increasing outtake to 140 million cubic meters (mcm) daily, Ukrtransgaz announced. 10:49 | More
Ukrainians helping our nuclear program, says Iranian ambassador
KIEV, Feb. 10 - Ukrainian nuclear scientists and specialists are cooperating with Iranian colleagues at the Bushehr nuclear power plant, Iranian Ambassador to Kiev Akbar Ghasemi Ali Abadi said in an interview in the newspaper Segodnya. 10:48 | More
Dmytro Salamatin, until recently a Russian citizen known for his hot temper and personal loyalty to President Viktor Yanukovych, was appointed Ukraine's new defense minister on Wednesday. (photo by TabloID)
Electricity exports more than doubled in January, government reports
KIEV, Feb. 10 - Ukraine increased its electricity exports 2.1-fold year-on-year in January 2012 to 522.6 million kilowatt hours, the Energy and Coal Industry Ministry reported. Electricity exports from the Burshtyn Energy Island to Hungary, Slovakia and Romania jumped 44% to 348.3 million kilowatt hours. 10:46 | More
IN FOCUS Russia to ban some Ukraine dairy products
KIEV, Feb. 6 – Russia on Tuesday will ban imports of a number of dairy products produced by some Ukrainian companies, potentially unleashing a trade war that may affect talks on natural gas prices. 10:34 | More
German, Canadian MDs to visit Tymoshenko
KIEV, Feb. 9 — A team of German and Canadian doctors is preparing to see Ukrainian opposition leader Yulia Tymoshenko in her prison on Monday as she suffers from “horrendous” pain, her daughter said Thursday. 10:55 | More
COMMENT AND ANALYSIS
Ukraine consumer confidence worsened last month, survey shows

Consumer confidence in Ukraine in November 2010 worsened, according to the International Centre for Policy Studies (ICPS), citing the results of a consumer confidence survey conducted as part of a joint project with GfK Ukraine.
Consumer confidence of Ukrainian citizens in November 2010 was under the pressure of government's plans to adopt the Tax Code, which would have considerably increased the tax burden on small and medium businesses.More

Can elections be harmful to democracy?

It has been said that young leaders are the foot soldiers of democracy, and the grassroots campaign that swelled up during Orange Revolution is proof that Ukraine is no exception. Still, five years later, the Orange Revolution’s promise of reform has yet to be fulfilled. This is in large part due to a lack of leadership not only at the top of the government machine, but throughout the system. Still, even the best reform strategy will fail without strong leaders to promote and undertake it. More

Consensus Forecast: Things will get better in 2010

What will the situation be with Ukraine’s economy over this year and the following two? When will GDP stop contracting? When will consumer demand begin to pick up and what will wages be like? The answers to these questions were sought by ICPS economists along with their colleagues at the latest quarterly consensus seminar in macro-economic forecasting, organized by Ukraine’s Ministry of Economy on 2 July 2009. More

No end in sight: downswing in consumer mood continues to break records

Ukraine greeted 2009 with a thus-far unseen worsening in the consumer mood as the crisis in the country’s economy worsened. In January 2009, the Consumer Confidence Index (CCI) fell a further 12.1pp over December 2008, to 41.8. This is a new record and the absolute lowest the Index has ever been since it began to be tracked. This level of the CCI indicates that more than three-quarters of Ukraine’s consumers are feeling pessimistic. More

Nation
No gas shortage danger, EU official says
Ukrainians helping our nuclear program, says Iranian ambassador
Lawmaker quits pro-government group following charge of member buying
Ukrainian World Congress pushes Tymoshenko for Nobel Peace Prize
Ukrainian Orthodox call on Yanukovych to stop transfer of holy places
Yanukovych switches minister of defense
Opposition MP paid $450,000 to switch sides and join govt majority
Russia names 3 banned Ukraine cheese cos
President asks MPs to overcome national ‘inferiority complex’
Trilateral gas consortium creation important, says Yanukovych
Border Guard Service predicts 40% rise in Euro 2012 border traffic
U.S. ambassador passes 13 radiation detectors to Ukraine govt
Business
Ukraine depleting underground natural gas stockpile as cold continues
Electricity exports more than doubled in January, government reports
Finance ministry approves $3.5 billion of eurobonds for 2012
Aquatech LLC announces plans to export electricity to Romania
Government creates working group to study agriculture machinery JVs
NBU may ease monetary policy again this month, says advisor
Prospecting raised reserves by 28 million tons in 2011, says Naftogaz
Russian ban could cause 16.8% cheese production drop, says analyst
Naftogaz signs concession agreement for two Egypt hydrocarbon blocks
Ukraine again postpones restart of Belarus electricity exports
Pyriatyn cheese plant suspends production due to Russian ban
VS Energy pays $8.6 million for 45% state Chenivstioblenergo stake
Currencies (in hryvnias)
  14.02.2012 prev
USD 7.990 7.990
RUR 0.267 0.267
EUR 10.59 10.54

Stock Market
  13.02.2012 prev
PFTS 571.3 576.6
source: PFTS

OTHER NEWS

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