#AceFinanceNews – KIEV – April 01 – Ukraine’s Central Election Commission has finally registered the leader of the radical organization Right Sector, Dmitry Yarosh, as a presidential candidate in Ukraine’s snap presidential election, scheduled for May 25.
Four more candidates for Ukrainian president registered by Central Election Commission.
Earlier on Tuesday, the election commission put off the consideration of Yarosh’s registration documents to have time to clarify some financial aspects of the procedure.
Thus, some of the commission members voiced doubts that the sum of 2.5 million hryvnias (about 227,000 U.S. dollars) needed for the participation in the polls had been deposited by Yarosh personally.
According to Zhanna Usenko-Chernaya, a member of the Central Election Commission, Yarosh and his family members had declared no incomes in their tax returns for 2013.
#AceFinanceNews – GREECE – April 01 – Greece is fully financed for the next 12 months, the chairman of Eurozone finance ministers Jeroen Dijsselbloem said on Tuesday.
The country does not want to ask the eurozone for a third bailout, although it is too early to say if it can fulfil that ambition, according to the official.
Full funding one year ahead is a condition for the International Monetary Fund (IMF) to disburse its part of the existing bailout.
According to (Reuters) Greece was cut off from markets in 2010 as the true scale of its debt burden became apparent. But after four years of painful measures to contain debt, two bailouts worth 240 billion euros ($330 billion) and a hit on private bondholders, the Greek economy is expected to return to modest growth this year.
Encouraged by falling bond yields, Greece is considering ending its four-year exclusion from bond markets by selling 1.5 billion-2 billion euros of five-year bonds in a test issue in the first half of the year.
The cash raised would complement money that Athens will get from the euro zone and the International Monetary Fund after a deal in March which unblocks the payment of overdue tranches.
The certainty that Greece will have enough money over the next 12 months to cover its expenses is important because it is a condition for the IMF to keep lending to Athens even after euro zone loans stop at the end of 2014.
“We had assurance from the Troika institutions that Greece is fully financed for the coming 12 months,” Reuters quoted Dijsselbloem as saying.
#AceFinanceNews – MOSCOW – April 01 – Sochi Olympic kit and leisure sportswear outfitters, Russia’s BOSCO stores are withdrawing from the markets of Ukraine and Crimea, representatives told (Tass) on Tuesday.
A store executive based in Crimean Yalta could not say what had prompted the decision to close the store now located in Russia since Crimea’s accession to the Russian Federation.
All six stores operating in Ukraine and in Crimea will be closed.
There are two boutiques in Kiev, others in the cities of Kharkov and Donetsk in Ukraine’s mostly Russian-speaking east , and in the Black Sea city of Odessa in Ukraine’s south.
#AceFinanceNews – KIEV- April 01 – Ukrainian national joint stock company Naftogaz Ukrainy is prepared to buy natural gas that will be delivered to the country in the reverse mode from European countries to Ukraine, Chairman of Naftogaz Board Andrey Kobolev told a news conference on Tuesday.
“We are prepared to buy gas from any company that will offer the lowest price,” he said. Kobolev noted that the maximum price at which Naftogaz was prepared to buy fuel was the imported Russian gas price.
The company is negotiating with Germany to become “a direct buyer” of fuel without a scheme of mediators, the Naftogaz board chairman said.
Meanwhile, he added that several gas traders had contracts with Germany, so, Naftogaz still hoped to start fuel purchases from that country on the border with Ukraine.
Russian News Sources