August 07, 2014

06/08/2014 Daily Highlights by “Digests & Analytics Ukraine” News Agency

Ukraine
  • The Government of Ukraine has developed a package of tax laws, on the basis of which is the budget been drawn up in 2015, the year for which laws must be adopted by the Verkhovna Rada. Service, in particular, for reducing the number of taxes from 22 to 9, structure change of the excise tax, by the insertion of the luxury tax, environmental fee and the target bonus to the tariff for electricity, a substantial redistribution of tax revenues to local budgets (real estate tax, a flat tax and a large part of the tax on income of individuals), the creation of a single body of financial investigations instead of the tax police and other investigating authorities in the field of economics. Among the main innovations planned - the unification of accounting and taxation, and a sharp decline in tax and payroll companies with the introduction of a progressive income tax scale. Tax on land and property on it is planned to combine. Major agricultural associations must be translated into a common system of taxation. The government forecasts the adoption of the proposed law in September after consultation with representatives of the business.
    The Community of European and international experts calls on the Government of Ukraine to immediately initiate reforms in all sectors of the economy and politics, otherwise the country will face economic collapse and the explosive growth of unemployment.
  • President Poroshenko proposes to include NGO representatives on the advisory board for reforms in Ukraine.
  • At a meeting with representatives of President Poroshenko volunteers helping the army were promptly resolved questions certification of medicines and special equipment imported by volunteers and formulated problem abolition of taxes on donations in favor of the army that the country's leadership has promised to quickly resolve.
  • According to the State Statistics Committee, in July, inflation in Ukraine was reduced to 0.4% compared to June, which is associated with reduced prices on seasonal products, despite the increase in excise duties on alcohol and tobacco, utility tariffs, meat and eggs. Compared to July of 2013, the inflation rate was 12%.
  • National Bank continued depreciation of the hryvnia against the major currencies: USD 12.35 / $ (-6 cop), 16.53 USD / € (-3 cop), 3.45 UAH / RUB 10. Quotes for the day ranged at: 12,30-12,50 UAH / $ 16,340-16,68 USD / €. Growth of the official exchange rate has slowed the spread of quotations in the interbank market has narrowed, indicating that fixation achieved rate.
  • Ukraine's budget deficit up to six months amounted to only a third of the planned parliament, and almost equal to last year, despite minimal privatization receipts and payments on external borrowings.
  • The largest private bank in Ukraine "Privat" among the ten largest banks in eastern and central Europe.
  • Tickets for high-speed trains rose by 20% due to the introduction of VAT on them.


Kyiv
  • In Kyiv, the city created an energy crisis management staff, whose task will be to address issues related to the 2014-2015 heating season, the first year the shortage of natural gas. The activities of the Kyiv headquarters will be coordinated and agreed to government anti-crisis headquarters under the leadership of Deputy Prime Minister Groisman.
  • Near Kyiv due to the heat wave burned peatlands. For their fire extinguishing take water from the surrounding swamps.
  • In Kyiv on Independence appeared mobilization focal point, which is intended to assist in calling in the military tank, artillery troops and air defense forces.


War in Ukraine
  • Terrorists continue to systematically destroy the rail infrastructure of Donbass, destroying equipment and along the main highways and nodal stations, destroying bridges and road junctions, transformer substations and critical infrastructure.
  • In the Donbas, almost everywhere, does not work mobile communication of MTS-Ukraine, due to damage to the fiber optic cable as a result of the shelling.
  • During the day, throughout the Donbass were local battles, which killed, according to official figures, 18 Ukrainian military.
  • Ukrainian Air Force replenished Su-27 fighter and trainer aircraft.
  • Russia continues attacks on Ukrainian military in the border area and supply of military equipment and personnel across the land border, which, so far, can not close the Ukrainian troops.
  • Luhans'k continues to teeter on the brink of environmental and humanitarian disaster in the city go firefight. As fighting continues in Gorlivka and Donets'k.


International

  • Russian President Vladimir Putin signed a decree prohibiting the importation into the territory of the Russian food, raw materials and certain types of agricultural products  from countries that have imposed sanctions against Russia. Experts said that their own food resources lacking, Russia and predict a significant narrowing of the range and higher food prices for consumers.
  • Crimean authorities can not resolve the issue with the nationalization of energy  transportation network, as this may lead to a complete shutdown of the Crimea from electricity.
  • A group of American military experts arrived in Ukraine, will advise to the embassy of the United States to support international experts working at the crash site of a Malaysian airliner.
  • Russia, in response to European sanctions against the company "Dobrolet" threatens the closure of some European charter change trans-Siberian routes and close the sky for Ukrainian carriers, in response to the EU authorities are willing to ban Russian airline flights over Europe.
  • According to an opinion poll in Russia, carried out by the "Levada Center," attitude of residents of the Russian Federation to Ukraine, Ukrainians, United States and Europe has deteriorated sharply.
  • Polish Prime Minister Tusk said, referring to the real-time data that the threat of direct invasion into Ukraine from Russia has increased dramatically.
  • President Obama said that the sanctions placed a heavy burden on the Russian economy, but the decision on arms deliveries to Ukraine, so far, is not accepted.

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