Ukraine's Labour Minister Ivan Sakhan urges cardinal changes in labor system

Labour Minister Ivan Sakhan stated that 11 million workers pay allocations to the Pension Fund of Ukraine but the number of pensioners is greater than this – over 13 million – so, it rules out Pension Fund to reach stability.

This situation need to be urgently changed, Sakhan noted. He claimed urgent changes of remuneration labour system.

However, in comparison with the same period of the last year, Ukrainian citizens' incomes grew by almost 44% over 2005's nine months

Minister Sakhan disclosed stressed that new policies halving the social tax would be launched in January, 2006.

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13:19 In Davos, President Viktor Yanukovych took part in a World Economic Forum session “New Energy Architecture: Enabling an effective transition.”

10:10 In Davos, President Viktor Yanukovych took part in a session of the World Economic Forum titled "Energy for Economic Growth.” During the session, President Yanukovych brought up the issue of energy security of Ukraine, and told about the implementation of new technologies to use alternative and unconventional energy sources in our country.

24 January 2012

13:48 A Ukrainian delegation has left for Washington to hold talks with the International Monetary Fund (IMF), Ukrainian Finance Ministry spokesperson Viktor Kosarchuk has said.

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8 February 2012

17:57 Polish FM Sikorski: Text of association deal to be finalized by March

17:35 Ukraine to pay first credit extinguishment to IMF in February

17:00 Health Ministry worked out a concept of medical assistance during Euro-2012

16:40 Poland to send its observers to parliamentary elections in Ukraine

16:20 Poland to cancel national visa fees for Ukrainians

15:50 EU hopes for Ukraine-Russia solidarity in securing gas supply

15:10 Ukraine, Poland to introduce "green corridor" for Euro 2012

14:40 Premier Azarov initiates energy audit in housing and utilities sector

14:13 Customs Service installing information terminals

13:45 Azarov urges to mobilize forces before the peak of frosts

13:12 Azarov counts for close collaboration with MPs

12:40 ULIE head plans to discuss question of Ukrainian cheese with Russian government

12:10 Premier: Ukraine remains vulnerable to various risks

11:40 PM Azarov promises to fulfill tasks set by Yanukovych

11:19 Ukraine's parliament votes down draft bills on decriminalization

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