
Sunday, February 28, 2010
Foreign Minister of Sweden: reforms are more important for Ukraine than membership in EU

Posted by Oleg Bezverkhnii at 19:30 0 comments
Ukrainian Canadian busker plays the Bandura at Toronto subway station

Read the whole article about bandura player and listed to the famous Ukrainian Cossack's instrument at
Posted by Oleg Bezverkhnii at 10:05 0 comments
Saturday, February 27, 2010
Yanukovych is about to visit Moscow on March 5

Posted by Oleg Bezverkhnii at 00:28 0 comments
Friday, February 26, 2010
Two cybercriminals have been detained in Poltava

Posted by Oleg Bezverkhnii at 00:13 0 comments
Thursday, February 25, 2010
Viktor Yanukovych sworn in as Ukraine president
Viktor Yanukovych, the opposition leader who won Ukraine's recent election, has been inaugurated as the country's new president. His electoral opponent, Prime Minister Yulia Tymoshenko, says Mr Yanukovych won through fraud and refuses to recognise his victory.
Both Mrs Tymoshenko and the outgoing president, Viktor Yushchenko, refused to attend the ceremony.
However international observers have said the election was conducted fairly. Mr Yanukovych swore the oath of office in parliament, in front of deputies and visiting foreign heads of state and representatives. There was a block of empty seats in the chamber where deputies belonging to Mrs Tymoshenko's and Mr Yushchenko's coalition of supporters would have sat. After taking the oath, Mr Yanukovych acknowledged the divisions in parliament and Ukraine's economic difficulties but said he could lead the country out of the crisis.
Both Mrs Tymoshenko and the outgoing president, Viktor Yushchenko, refused to attend the ceremony.
However international observers have said the election was conducted fairly. Mr Yanukovych swore the oath of office in parliament, in front of deputies and visiting foreign heads of state and representatives. There was a block of empty seats in the chamber where deputies belonging to Mrs Tymoshenko's and Mr Yushchenko's coalition of supporters would have sat. After taking the oath, Mr Yanukovych acknowledged the divisions in parliament and Ukraine's economic difficulties but said he could lead the country out of the crisis.
One page from his biography to say truly scares a bit. Here is a extract from President's biography published by Wikipedia:
...On December 15, 1967, at 17 Yanukovych was sentenced to three years incarceration for participating in a robbery and moderate assault. The sentence was later reduced to 18 months due to the 50th anniversary of the October Revolution. The fact is that the court did not even excuse him as he was underage, although such practice was taking place especially for the first time convicted. At the process Yanukovych plead guilty and did not appeal his sentence even though he had the chance for the expense of the state. He served his sentence in the Kremenchuk (100km. away from Poltava) detention center, but was released after seven months for exemplary behavior. Yanukovych was also convicted on June 8, 1970 for causing a mild degree body injuries and was sentenced to two years imprisonment which he as the previous sentence did not appeal. While in prison he received the nickname "Kham" (the boor) from other inmates. Also there are some rumors that the second cases was first trialed as a rape under the Article 118 of Criminal Code of Ukrainian SSR and later changed to the mild degree body injury. It is unknown where Yanukovych served his second sentence, but some residents of Yenakieve claim that it was in the local correctional-labor institution ITL #52. On July 18, 1973 after serving a year of his sentence, the people's court of the city Yenakieve stripped off the both convictions of Yanukovych....
You can learn more about biography of the newly elected President of Ukraine at
Posted by Oleg Bezverkhnii at 10:52 0 comments
Wednesday, February 24, 2010
THE RUSSIAN QUESTION
In Moscow Mr Yanukovich’s victory is seen as a victory over the West, and a belated vindication of Vladimir Putin’s decision to back him five years ago. Mr Yanukovich is more at home in Moscow than in Brussels. He will almost certainly offer Russia’s Gazprom (along with a European firm) a deal to form a long-term consortium to operate Ukraine’s gas pipeline system in the hope that this will reduce gas prices and dissuade Moscow from building an alternative pipeline to bypass Ukraine. That said, Mr Yanukovich will zealously guard the interests of Ukraine’s own tycoons, who see their future in the European Union, not in Russia. As one senior Ukranian diplomat put it, “A good relationship with Russia is also what Europe wants from us.” Ukraine’s politics may be operatic, but do not expect a great redemption or a terrible retribution. The next scene is likely to be a muddle, with the protagonists making the best of a bad job.
http://www.economist.com/world/europe/displaystory.cfm?story_id=15501625
http://www.economist.com/world/europe/displaystory.cfm?story_id=15501625
Posted by Oleg Bezverkhnii at 13:01 0 comments
Tuesday, February 23, 2010
SWEDEN'S SWEDBANK APPOINTS EXPERT TO HANDLE MOUNTAIN OF BAD DEBTS
Reuters, Stockholm, Sweden, Feb 22, STOCKHOLM - Sweden's Swedbank said on Monday it had appointed an expert in bank reconstruction and problem loans to help it handle soured credits in the Baltics, Sweden and other countries. Swedbank plunged to a 9.5 billion Swedish crown ($1.32 billion) operating loss in 2009 as it was forced to take massive provisions against bad loans in the Baltic region - where it is a top player - and Ukraine.
Swedbank said it had appointed Arne Berggren, a former government official who played a key role in Sweden's response to its banking crisis in the 1990s, as head of Financial Reconstruction and Recovery. Berggren has also been a senior advisor to the International Monetary Fund and the World Bank. Swedbank has set up teams in Sweden, Estonia, Latvia, Lithuania, Ukraine and Russia to handle a mountain of bad debts triggered by the global financial crisis. The bank has also created a unit to manage and sell repossessed assets.
http://www.reuters.com/article/idUSLDE61L0OK20100222
Swedbank said it had appointed Arne Berggren, a former government official who played a key role in Sweden's response to its banking crisis in the 1990s, as head of Financial Reconstruction and Recovery. Berggren has also been a senior advisor to the International Monetary Fund and the World Bank. Swedbank has set up teams in Sweden, Estonia, Latvia, Lithuania, Ukraine and Russia to handle a mountain of bad debts triggered by the global financial crisis. The bank has also created a unit to manage and sell repossessed assets.
http://www.reuters.com/article/idUSLDE61L0OK20100222
Posted by Oleg Bezverkhnii at 22:20 0 comments
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