Posted on 05/12/2005 2:38:02 PM PDT by jb6
KIEV, May 12 (Itar-Tass) - Re-privatization in Ukraine may embrace 29 strategically significant enterprises, First Deputy Prime Minister Anatoly Kinakh said Thursday.
A list of enterprises to be re-privatized was drawn upon findings of an interdepartmental workgroup that reviewed the questionable aspects of past privatisations.
It also takes account of proposals by government organizations, including law enforcement agencies.
Kinakh pointed out the importance of restoring legitimacy and interests of society that were disregarded during privatizations in the past.
“We handed our proposals to the state leaders Thursday, and all the information will be published after the necessary coordination,” Kinakh said.
“This ends the first phase of inspecting the privatized strategic facilities,” he indicated.
Of course, those of us familiar with economics and capitalism all know where this will lead: another embaressment for us and a new prime member for the Tryotskyte Fourth Reich: the EU.
.....'ODESSA'.....
No I didn't. You are smearing me again, LIAR. I think the crooked oligarch gangsters should be locked up, in Ukraine as well as in Russia.
You are the one who is being inconsistent in defending Putin for the same thing you attack Yushchenko for.
The gangsters who bought public property for pennies on the dollar looted Ukraine and Russia. It is just that these transactions be reversed and the properties re-sold at market value.
Yugansk was nationalized, Kryvoristal will be privatized. Two completely different things.
Nationalized, privatized, same game.
Yuganskenftegaz is now run by the Russian government. That's nationalization. In Ukraine, businesses sold to king Kuchma's cronies and relatives will be re-sold to private interests, not taken over by the government, so it's not nationalization.
Well, you are both right and wrong. On a large scale, private or state ownership does not differ so much. Game is the same, control is of the same type (players and objectives can differ).
Not according to the PM, Tymoshenko flatly stated it will be nationalized, period. I posted the article, go look it up.
And Yushchenko corrected her. Look it up.
No, Yushchenko corrected her when she said that thousands of businesses will be "reviewed" not when she said that those "reviewed" would be nationalized.
Mr Yushchenko meanwhile is struggling to rein in members of his government - including Ms Tymoshenko - who have spoken in favour of using the privatisation review to strengthen the state's role in the economy.Mr Yushchenko told a recent cabinet meeting there would be no nationalisations, only new auctions at which current owners could be given the option of matching the highest bid.
Mr Yushchenko is most keen to re-sell Kryvorizhstal, which he believes could fetch up to four times more than the $800m Mr Pinchuk, Mr Akhmetov and Mr Kolesnikov paid last June.
Even before the new government came to power, the steel mill's original privatisation became the subject of a legal challenge, which will be decided by Ukraine's supreme court.
Likewise, Mr Yushchenko wants the overall privatisation review to be handled by the courts, and thus avoid the heavy-handed Yukos-style tactics that have frightened investors in Russia. - Financial Times, May 10, 2005
Two wrongs won't make one right. If re-nationalization will be the same as in Russia with YUKOS, then Ukraine won't be able to build a successfull economy. It will be one olygarchy replacing the other. Let's see how things are proceeding further.
I would say it is not bad. Since those properties was just stolen by ukranian oligarkhs.
I hope that Ukraine will show good example which will be followed in Russia.
Good examples? You mean like Tymoshenko's? You know, where she said those properties will not be resold but will be owned by the state. Or maybe the example of price setting in oil, gas, benzine, meat, milk, etc. My friends in Dnepepitrovsk said the meat markets are closing up because the government set prices are lower then the cost of the meat.
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