...

Ukrainian Communists Launch Mass Actions against President Yuchshenko’s Policy

Other News Materials 3 November 2008 16:35 (UTC +04:00)

Ukraine, Kiev, 3 November / corr Trend Z.Novosvitskiy / The Ukrainian Communist Party (UCP) launches mass actions, which are directed against President Viktor Yuchshenko's policy throughout the country.

"We launch the mass protest actions under slogan Off Yuchshenko and Oligarchs! Deserved Life for Toilers! throughout Ukraine on 7 November," Peter Simonenko,  leader of UCP, told at a press-conference in Kiev.

"The protest actions are initiated to achieve the adoption of antirecessionary measures offered by the President by Supreme Rada so that "to please oligarchic circles, leadership of the International Monetary Fund and transnational corporations," politician said.

The Ukrainian parliament adopted an antirecessionary law, which specifies stabilization of the country's economy, on 31 October. In particular, the document envisages setting up of Stabilization fund, funds of which are planned to use for recapitalization of commercial banks. Moreover, the law suspends increase of minimal wages in Ukraine for several years. Adoption of the antirecessionary law was one of the defining factors in reception of stabilization loan by Kiev from the International Monetary Fund at the amount of $16.5bln.

"The measures will destroy Ukrainian economy, national producer and struck hard on simple citizens. Intricate situation in the country should induce all strong political forces to join to communists' action," Simonenko said.

The correspondent can be contacted at  [email protected]

Latest

Latest