The Ukrainian government has revoked privileges for metallurgists in the worst possible moment

In the briefing on Thursday the chairman of the Verkhovna Rada Committee on Industrial and Regulatory Policy and Entrepreneurship Natalie King noted that “the government abolished the benefits at the most inopportune time - against a background of falling production volumes, the negative trends in foreign markets and the lack of demand in the domestic. This cancellation benefits are not offset by the provision of incentives for the modernization of enterprises. ”

Besides the Royal Natalia said that “the lack of response of the Government of falling industrial production to three months of watching this negative trend, in the fall will lead to massive plant closures and a new wave of economic crisis.

According to data presented at a briefing in the first quarter showed growth of industry, and in the second quarter there was a decline: 1,8% - in April, 0,6% - in May and by 0,5% - in June.

16 July 2010

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