Ukrainian Globalist

Against the backdrop of recent political events and global warming in the Russian-Ukrainian relations major banks in Russia are interested in expanding its subsidiaries in the Ukrainian market. The recent rumor about the intention of “Savings Bank” buy “Raiffeisen Bank Aval” has caused a major stir, but the press center of “Aval” refuted this information. In turn, management of “Savings Bank” does not deny the possibility of buying a bank in Ukraine, Director of Strategy of the Russian Savings Bank Dmitry Tarasov: “We are interested in objects for acquisitions of the top 10.”

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Kharkiv Morozov construction bureau will ride in armored vehicles to Iraq of the fourth generation in October. – Our company received an order for 420 armored personnel carriers as early as August 2009, – said Mikhail Borisyuk, General Designer of armored vehicles and artillery systems.

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As they say, that foreign investors are leaving Ukraine – unreformed economy, political instability, inadequate legal framework, judicial lawlessness – too serious test for foreigners. To confirm or refute these rumors “Browser” asked the executive director of the International Fund blazer Oleg Ustenko and financial expert, Honored Economist of Ukraine Victor Suslov.

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According to Deputy Minister of Regional Development and Construction of Dmitry Isayenko, now up to 50% of the cost of housing are taxes and numerous deductions authorities. New affordable housing program will substantially reduce these costs, as provided for free transfer of land by local authorities for construction of residential houses, as well as summarizing communications to them by the State. The changes made to the draft Law on the Provision of affordable housing in Ukraine, which has already been reviewed in the first reading.

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Means of Ukraine in the amount of $ 2 billion of income which became known early in the week, provided the Russian VTB. Credit provided to finance the budget at a reduced rate and for a period of six months with possibility of prolongation. At the same time, the interviewee did not name the other conditions of funding. He suggested that the need to raise funds due to the delay in the receipt of loan from the International Monetary Fund and the delay in the deployment of Eurobonds, due to the deteriorating situation on the international market borrowings.

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The IMF is concerned about the growth of external debt of Ukraine. Now it is 40% of GDP. Earlier, Deputy Prime Tigipko said that the text developed by an agreement with the International Fund agreed almost completely.

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If the state will improve the tax environment for small business – it will be much more profitable to pay taxes, than to hide profits. In this case, small businesses come out of the shadow economy. This opinion was expressed by Segre Verbitsky, organizer of the Kiev club of entrepreneurs.

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The Government has approved a draft law on the Tax Code of Ukraine. In the Cabinet of Ministers insist that proposed innovations provide a balance of interests between government and business. Prime Minister Mykola Azarov said that the draft provided for the reduction of national taxes from 29 to 17.

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The global fall in house prices was not reflected fully in the growing resort markets of countries with positive population trend. The fact is that real estate markets in Turkey, the Dominican Republic, the resort towns of Mexico and Egypt continue to stay in the green zone. Index of growth of the Turkish real estate exceeded 8% in the first quarter of 2010, which was European record for the market.

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Investors are returning to the construction market of Ukraine’s capital. Now comes only foreign investment in Ukrainian real estate, but experience shows, that foreign investors are always bringing up our own. According to Open Knowledge, a group of investors from the UAE have developed and begun to approve a project built 90 (!) Storey skyscraper in Solomenskiy district of the capital of Ukraine.

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