16:23
Ukrainian President Viktor Yuschenko has said there is a need to lower inflation in the country to single digits.
He was speaking at a meeting dedicated to the development of the Autonomous Republic of Crimea held in Simferopol on Friday.
"There is a single way to combat inflation - to lower it from the existing level. Single-digit inflation will be acceptable for any business," Yuschenko explained.
Unless the government lowers the inflation from the last year's level of 23%, the economy will not stand such pressure, Yuschenko said.
The head of state also said that the current inflation level is seriously destabilizing Ukraine's economy.
<<< back03.07.2009
12:44
12.03.2010 New law on prosecutor's office is to be adopted, says Medvedko11:53
12.03.2010 Prosecutor General calls on law-enforcement bodies to involve in investigation into use of budget funds by Tymoshenko's cabinet10:03
12.03.2010 Yefremov becomes leader of Party of Regions20:23
11.03.2010 Lytvyn: Communist Martyniuk could become parliament's first vice speaker18:02
11.03.2010 Ukraine will meet all obligations to peacekeeping missions - Yanukovych16:25
11.03.2010 Worst times are gone with appointment of new government - Yanukovych12:50
11.03.2010 Parliament approves new cabinet12:23
11.03.2010 Azarov becomes Ukrainian prime minister All newsAll information placed on this web-site is designed for internal use only. Its reproduction or distribution in any form is prohibited without a written permission of Interfax-Ukraine.