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Tymoshenko defends deposit bailout plan against inflation criticism
Journal Staff Report

KIEV, Jan. 14 Prime Minister Yulia Tymoshenko on Sunday defended her plan for massive repayment of Soviet-era failed bank deposits against allegations that the action may spur inflation in Ukraine.

The Tymoshenko government forecast 2008 inflation at below 10%, but some analysts said the payments of billions of hryvnias this year may undermine price stability and push inflation to 40%.




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Currencies (in hryvnias)
  20.10.2017 prev
USD 26.50 26.43
RUR 0.460 0.461
EUR 31.36 31.05

Stock Market
  19.10.2017 prev
PFTS 298.3 297.7
source: PFTS

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