me first ask you this hobby to take the risk is a the ukranian to fall. at this point. spare bag was the biggest lender in the private sector to ukraine as four billion dollars plus of loans to the various ukrainian borrowers. so far and as we speak only in so far. those loans are overwhelmingly current and in good shape. there's been no sign in the last week or two of any increase in defaults on those existing loans to a full range of ukrainian borrowers so far so good. so spare duncan least. bank that you are a board member it is no preparing food for a ukrainian to fool's day in the next few weeks o o o months. we may have seen that the chief executive officer of spare bag herman graph announced on wednesday last

week that they would not make new loans in ukraine until the situation clarified they're watching it closely but meanwhile business has already been eight seems to be a normal shape and people are paying their loans on time so far. what you think the risk is of contagion from the ukrainian situation economically. we'll have to look at it in terms of what's going on at the grassroots ukrainian businessman at the same problems as is my math everywhere. if the paper suppliers have to pay your employees to give credit to your customers. if you can't pay your employees with them they don't work they do on the street mobs get worse and the bad feelings get worse so far there has not been problems of mass non payment of employees in the private

sector problems have been in the government sector people are building one of the ethical issues palaces so they weren't being paid and walked off the job. the kind of thing can become the snowball but were worried about that you just mentioned this ukraine were to default on its debts if ukraine where to run out of money how much of it without the full full of channels the russian companies. people who have borne the ukrainian sovereign bonds which are that which is the debt that people are most afraid of seeing the default on our very wide range of borrowers and russia is not a major buyer covertly of ukrainian soccer moms to be one of many creditors would be hurt by ukrainian sovereign default. when we look at then at the lifeline to rush off to ukraine at

the end of last year what you think that the probability is that that moscow will go through on that sits in a voice and reservations when it comes to paying out the launch is all about lifeline. there was a quid pro quo for that lifeline. in exchange for a lifeline and for reducing the cost of gas to russia sells ukraine or russia want to ukraine to extend the lease on russia's black sea fleet located in the crimea. in the celestial pole. so it was just not a pure economic or financial deal it was also a political deal. and those to the political side of it having them the black sea fleet stationed in crimea is still very much part of russia's military set up so that might be some give and take on both sides. how would

you say that economic relations on between the two countries at this stage each book to me actually i don't like. well there's a lot of russian investment in ukraine russian steel companies russian engineering companies russian construction companies have been major investors in the country to the sense that any foreign power has been. and those relationships while they don't reduce great fortunes for the russian businessmen by and large they were are recently well. btw if you remember ukraine is a poor country. the per capita gdp of ukraine is about four thousand dollars compared to russia which is about fourteen thousand dollars for france which has forty thousand dollars so they doing the kind of business and people do. from abroad in a four country which is what ukraine still is. it

shouldn't be. this is russia's launch economic role in ukraine cost of the thinking in moscow the russian government has made it quite clear that it doesn't like what's happening across the board to the above were rushed to help out number that's because of its economic interests in ukraine book books you'll sense when it comes to that. russia has a huge economic interest in ukraine ukraine's stands between russia and europe in europe as russia's big customer for gas so for the pipeline which transports russian gas across ukraine to europe is a major asset of great importance to the russians. that pipeline is currently owned by the ukrainians that the discussions in the past about privatizing the pipeline sale and lease back so that the russian shippers to have a better view of what's happening to

the gas inside that pipeline russian companies are major investors in ukraine russia has every interest in keeping ukraine peaceful and solvent and together. ukrainian officials say that the county may need as much as thirty five billion dollars the sea and the next years well to survive who will come to its rescue when it comes to that kind of kind of catch. i've seen that number to market the thirty five billion dollars number as relates to the outstanding sovereign debt and debt obligations to ukrainian. in government employees. more often for more urgent one is making sure employees are getting their paychecks people do have to live from day to day insofar as sovereign debt is concerned. we've all seen from the european peoples the last couple of years but those near term maturity to

stop or dad can be worked out can be rolled over can be extended with the agreement of lenders. these are the kinds of things that the imf is constituted to do the most urgent need is keeping the day today the economy going. russia is better positioned than anybody else better than the imf better than the brt because they are in daily contact with ukrainian economy. that's why peace and normal business conditions are so important to all parties here. just joking that the question on who is going to come to ukraine's a d d d thing that ukraine will have to choose between the west and russia at some point will it be able to balance the two. i think it's a dichotomy and i think sergei lavrov russia's

extremely experienced and highly regarded foreign minister has said that this is not a zero sum game. not one of the other. it's both ukraine needs europe. as a trading partner as well as a political friend and ukraine is russia is no reason they cannot be on friendly terms with both assuming the russians and the europeans can agree that mr recently cannot agree sergei lavrov has worked closely with his opposite numbers. in the eu in poland and germany. in the united states. these foreign ministers can sit around a table as it did last week and cut a deal. make sure that russia and the others will sustain ukraine as a going country. we do not need a war in the middle of europe would be normal diplomatic relationships. this is not

time for soldiers at the time for diplomats. we have seen some of the concerns though when it comes to tensions on the border between ukraine and russia it sounds as if you'll saying that perhaps at least from the russian perspective. i wish that we should be paying down those tensions. exactly but i think president putin has got to juggle two wings of opinion i was in russia all last week i speak mainly with bankers and businessmen they do not want war. we do not want to break up the ukraine they wanna continue normal business can see the ukrainian economy grow there is also a faction that would love to wave the flag that we've seen some of that already in the crimea. that is not the direction to go and the question is can president putin. keep a lid

on those below to receive radicals and keep a normal business and no more diplomacy moving forward that's the challenge the spirit of sochi in which there were fifty billion dollar investment should prevail here. a spirit of the internationalism of friendship and understanding that's the hope that friends of ukraine and france and russia were thinking clearly half of the country today the thing about that president putin will be listening to them than all the other side of bed that you talked about that another idea. he has been helping with his silence. we haven't heard from president putin he has not been rattling sabers. he has not been shouting threats. he's been extremely silent night for the moment. i hope that his silence is a hopeful sign. he

feels he can keep a lid on the motorists and give full support. sergei lavrov and diplomats at the normal business and banking relationships. russia has with ukraine. we should all pray for that outcome the spirit of sochi should prevail. we used to look for the european bank of reconstruction and development to a new responsible for countries in the former soviet union. what does ukraine me to do with we get back to the economy what is in ukraine need to do in order to get its economy on an even keel again. we sat there with poland has done with the czech republic this time. slovakia and that is too. normalize the economy reduce corruption. operate according to sound business and banking principles people thought that these countries couldn't do it most of them have ukraine is a lacquered ukraine is no

built in obstacle to keep ukraine from doing that getting rid of the article which was a corrupt leader and corruption is now visible for all to see was the first step in the right direction so are you hopeful or are you pessimistic. there's no room for pessimists in a situation like this and definitely hopeful. i know a lot of ukrainians highly intelligent people while educated well aware of what they need to do to get the country off its knees and standing it's too high. anton on that note of optimism are going to wrap up this into the o want to thank you run all three men for taking the time to speak to staff that cost ninety outside world to be wrapping up that this program thank you for working the business into the health costs ninety f and

d stay with us we have more news coming your way. beyond business. you have hbo six the government wants to see his support for domestic cleaning products to support and jokes and your business to the canadian from stable and whether or not it actually pays off. beyond that it's puzzling that awful spring to come home the though the i guess. i do i did. moon. and when. at all. the road. we knew when the structure doris will be reduced to a moratorium on inspections of small medium size businesses has been declared in context and

the sultan as a buyer has announced domestic measures to improve the conditions for business development because extent that it affirms torture. get people to extend the right to the new sds signed a decree on measures to improve conditions for development of a dealership in the country. i declare a moratorium on expect tons of small and medium size businesses starting in the second of january first two thousand fifteen i get a commission to the government to take a number of specific measures to further improve the business environment can cause extent for their products reviews for policy reasons. according to the president's commission the format of inspections in the country will be radically revised to exclude all unnecessary requirements as a result the total number of requirements will reduce by more than thirty percent. we

hit the pin and the practical form. scheduled inspections will be canceled starting to wear first two thousand fifteen only goes on to new ritual really have a high probability of violations of law will be subject to inspections. if an entrepreneur of the phils only to requirements inspection agency should not come and it's all starting to wear first two thousand fifteen the liquidation procedure for small to medium size businesses will be simplified the general prosecutor's office will provide the national chamber of the newest be accessed on information in relation to business. hooper computers issue the permit issuance procedure will be completed in at least a hundred forty kinds of permits will be in electronic format in addition procedures in the construction industry will also be greatly simplified for example starting jennifer's two thousand fifteen the term of

land five registration will exceed not thirty days the procedures for granted in changing the purpose of land as well as building permits and the connection to the utility systems will be reduced by fifty percent the measures to support the business community loss record changes in legislation we think you are asked to go for form for the solo performer. in addition cumbersome and not really any more acts of government agencies will be canceled before june first of this year the government together with the national chamber luncheon yours to conduct a thorough revision of the relevant legislation for the convenience of the business of the draft business coach at the combine all the balls and state regulation of business activity. the principal of ray was sort of impact adopting the oecd countries

will be legally enshrined in kazakhstan will introduce a new institution in business but when its main task will be to protect the rights watch for new wars over the door was easter the group's drummer boy as for the government will submit the draft law permits in notifications to parliament until people first dose of them are first and diesel or see the consideration for tb on improvement of business environment before ginny wafers two thousand fifteen the common received a draft law on the activities of self regulated organizations the cabinet minister of finances tulloch lodge a meeting in austin on the head of the ministry but did so on a proposed in bringing responsibility to the executives of three ministries such as the ministry of environment and water resources the ministry of education and science in the ministry

of agriculture and several deputy governors fernandez rest of the budget. these three ministers have not dispersed in total six point seven billion tinggi the finance minister called the the chairman as one of the main problem areas. that is why the ministry will begin to develop completely new draft law on the retirements in pockets with on of the prime minister said in general the fiscal discipline should be a party in the activities of not only the ministry of finance falsely government agencies to work at the ferocity of a commission to the ministry of economy image plane and in conjunction with the ministry of finance in several cars yet to finalize the conference the planned privatization is expected that next week the corresponding list of companies will be presented to the president. again you know what the leftists in

the semester. unfortunately our sector is growing to understand we are getting in the way of a small medium size businesses are national companies and holdings are still putting its non core assets. we are collecting list now but they did not want to give them our task is to review these list once again we should realize all these lists according to the commission and the president will be another powerful wave of privatization. this one should cover not only core assets of our holdings state owned companies all budget organizations but all sectors of economy starting with industry energy and utilities sector social services including health care and education of the new movie about a seven hour trip into the commission to submit the results of the transfer of tax administration from

the customs authorities to fiscal ones within ten days all employees of local tax services have become cabinet officials said the prime minister. this leads to an increase in soon open ocean fraudulent schemes pt refund delays and other problems that occurred budget losses but if you look at that moment to admit that i cannot fit into the main causes her on screen your ship is frosting that i even added tax system. azerbaijan has achieved sharp reductions in the sphere introducing a special bt account. we made several chips there to learn about this experience we believe that this time has come we can now introduce it to the legislation level this year but we would introduce an organization level by two thousand fifty three two thousand sixteen in pilot mode and then we can carry out this work on a full scale

in addition electronic invoices will be introduced in july first two thousand fourteen. this will be on a voluntary basis for a while this will greatly simplify the doing business for an assault on yours. we recommend introducing a compulsory application for all pt payment. the order believe it is just the opposite is keeping me going to stick with it for this. flood victims in shark oregon district will receive the help is needed for the district is sustained by the region's government can bicker should buy it at a meeting with local residents a special commission is now estimating the damage the fines for this purpose have been located from the reserve of the regional administration melted water flooded about thirty private households and private households require restoration another to have been considered as emergency

building by experts the reason that is necessary to quickly make the necessary calculations of parallax and provide documents to appropriate departments to houses have been flooded a disabled person lived in one of them assistance will be provided. the governor's office would do the best only the residents which opened on the street senate but also local authorities were caught off guard by the flooding due to mud with water from the foothills of the macau the region's governor honey meeting to discuss for production works with specialists and met with villagers. although hamilton pool but there's a lot of snow in the mountains. you've seen it if it starts to rain snow will melt and cause a flood again we have a trade but has been broken twenty years ago if it is fixed we can avoid another flooding

we ask you to help us. this is the most o seven we're going to change the course of the mountain water strain to avoid such a situation again the return of course the lake system and cutting out all the words of being carried out now. according to the weather forecast the warm weather and abundant rainfall expected in the southern area region and marched down a cog on the st center to see it now never to populated areas dial month in berlin remain and risk the region's governing get a commission to those responsible to keep the situation under control around the clock. several cars can match the phone when bowman forty two percent of the investment projects emphasized in the second five year plan accelerated investor the elements the program them in such a key reports this year six

projects of the program will be completed. the total cost of projects is to billing and three and forty million seniors complex and are actually in production when power stations to the bush plan of subpoenaed acid to sub stations oman substation monarch hydra station are among these projects http project which will connect the country to high speed internet will also be completed soon. several cars now also claims to develop five new starter projects in the field of energy and mining that allergic to cat engineering in real estate the final become an active investor technologies to develop high tech industries in the country for technology centers will be established so leo sent to prison you can go to school. it will create a generic senate in the chemical industries in covenant center. my gas will

create a joint institute cromwell creek the institute of high technologies. he also established a center featured in achieving green economy in cooperation with nasa bike university. the centers for addressing issues of technology transfer and generating new ideas and commercializing them. so when you woke up. what becomes of them. as you let us raise our cheeky are responding to questions about the plans to create chaos to my hairline it was served the domestic market. several cars has concluded a partnership agreement with bombarded to supply to their crafts forget the key is to move the pool miami's of these two combined we have to register company until may. we know we would track is an operator. i believe that the new airline will start operating at the beginning of next year

cool cos i'm told the abc to someone new to this that even a government official with the stomach. its ultimate demise initiative on the creation of the eurasian union announced in the months of moscow state university turns twenty. the prospects of the racial integration are actually discussed in moscow in the light of the recent events in ukraine. experts note that the ideas of the assault and as a buyer for a moment today. he was a component of the west. which all in your team isn't going to post as often as mine is the only post so really there to promote integration initiatives russian context in our neighboring countries reaching night on the receipt on and even ukrainian embellishing leaders did not take such proposals although russia has a common origin with ukraine and belarus

twenty years later we see that the survivors right we should hear his ideas planning your cell phone when hypocritical is that it was a junior bull. o douglas a movie turns fifty. the movie was directed by the people's artist of the ussr shake and i'm on of his one hundred anniversary was recently celebrated become extend his birth has been widely celebrated this year of the cozy is his nickname no one knows of this present ever lived. although there are many different stories about them all the story showed all the posing as a kind person who up the pork shank and i'm on a dream about making the movie was such a hero as the cause it but they do the russian film director young couples does not have shot the movie has ridden in kolkata in nineteen

forty three. twenty years later a second kind of makes the movie about the cause that the officials last week and i'm honored to make a stage comedy with lots of jokes and humor. i wish i can start their family or with the back with an oval took a couple of people yet. she can do multiple chicken cooked in the sky pollution reduction because its stake in one shot of the cuisine is a smart person he embodied all the cozy with powers of the celtic people was that it was a major weapon. you mean the moment. people are of the cozy as he featured in this movie. sixty years ago there were people who were against jake and starring in the movie second wonderfully leading role this movie is not just an actor he's a

great actor he said that you'll be playing this role he told of the causation be young. he also got old for that thing you know that i'm out of love to work with experienced actors. the big one is by a syndicate or junk all of them on the agenda back of the pond but didn't start in the movie taken. i might've received a diploma at the second us is our film festival nineteen sixty six in kiev. the latest news is that three w dot cuts out that stevie got kate said the housing market continues to grace as accent. the state of the real estate market is recognized throughout the world as one of the main indicators of the state of the economy. rising prices and increase the number of construction projects coming in to keep increasing gdp

more rejections of the other side is a paradox that the housing market has been freaky supported the last few weeks thanks to the detail each measures and rocketed this mess message about the bankruptcy of banks. it's strange what it tells us that is why ensure that the housing market will continue to grow a gadget but the five double global market in january experts predicted the real estate market will grow by five to seven percent today according to conservative estimates. this figure will reach ten to fifteen percent. as always price increases will be based on how much demand exceeds supply. want to promote her predicament no one could assume that you can think and you can get everyone to provo was thinking come on in that regio