Russia and Ukraine will revise the price of gas

Russia is ready to review gas contracts with Ukraine signed in 2009 with the participation of ex-prime minister Yulia Tymoshenko, Prime Minister of Ukraine Mykola Azarov. However, this information has not yet found a formal confirmation in Russia.

"The leaders of Russia have agreed to seriously consider the proposals and arguments of Ukraine on gas supplies in the near future, so we went back to the issue of revision of the contract, which obviously puts Ukraine in unequal competitive conditions," - said Azarov.

However, this statement questioned the Deputy Prime Minister of Russia Arkady Dvorkovich. "I have such data has not yet happened. Consultation with the Ukrainian side is constantly being" - said Deputy Prime Minister. He stressed that Russia is concerned about how the situation will develop with the gas in Ukraine, in particular, whether any disruptions to the supply of gas to Europe.
 The deputy head of the Kremlin administration Dmitry Peskov said Russia is based on the existing gas agreements with Ukraine. "We believe first and foremost on the availability of existing legal agreements, natural gas, according to which natural gas supplies are made," - he cites RIA Novosti. He added that "Russia was, is and will be ready to listen to our partners, listen to their arguments."

It should be noted that Ukraine is constantly complaining that "Naftogaz" gets the fuel is more expensive than other European partners, "Gazprom". Earlier, the head of "Naftogaz Ukrainy" Eugene Bakulin said that the average price for imported gas from Russia to Ukraine in 2012 will amount to $ 440 per thousand cubic meters, according to news agency "Rosbalt".

The ruble fell to 90 cents against the dollar

On Thursday, May 31, against the backdrop of the active buying of currency exchange rate against the dollar has fallen by 90 cents and 1.1 rubles to the euro. This is according to MICEX, RTS.

By 16.42 GMT the dollar rose by 90 cents - up to 33.66 rubles, euro up 1.08 ruble - up to 41.67 rubles, by updating the maximum in 2012, RIA Novosti reported.

Earlier it was reported that the dollar rose to 33.0048 rubles. Thus, the maximum was reached in July 2009, then the rate was equal to 33.1950 rubles.

Recall that the economic crisis erupted in Russia in 2008. He started with a lower trend in the Russian stock market in late May 2008, which eventually moved to the collapse of quotations at the end of July.

The state supports depositors.

The state supports the depositors through the state agency for the insurance of deposits, money in various banks today can not be afraid. For deposits in private banks now can not be afraid, because the state supports the depositors through deposit insurance agency for the citizens. There is an increase in lending to the citizens of the operations of commercial banks closely watching the central bank of Russia.
 Services and the ability to refinance to get permission to carry out various financial operations provided by the Central Bank today. Information is considered the foundation of the Central Bank making the rating of banks, paying an annual interest for the loan. If the customer plans to implement needed money, he can easily avail a loan. Each financial institution draws up a loan for personal purposes, that allows people to buy the product. Most lending institutions provide loan calculator on the site, allowing to analyze all the payments on the loan in advance. So, if you take the car, you know in advance how much you have to pay up or pay in each month. Any Russian citizen has the opportunity to get a loan to buy a car, apartment, self-calculate the amount of future payments. If you need money to purchase cars immediately contact the Pawnshop, leaving a deposit, a few hours will get a certain amount.

When it is necessary to pay VAT on advances

Taxpayers are required to pay VAT tax payment amounts contributed by customers for future delivery of goods or services. This position has repeatedly been announced by the Ministry of Finance, supported by the courts, including constitutional and supreme arbitration. To complete the validity of this statement the law has decided to recognize the deduction, the VAT refund, with the advance paid.

And what if the shipment of goods and the advance occurred in the same quarter. The position of tax authorities is simple, all advances received should be reflected in the declaration, and therefore need to charge him with tax, which would later be reflected in the residue. This situation is encountered in the practice of accountancy pretty often, so much of it formed judicial practice. So the courts side with taxpayers: an advance received in the same quarter as the shipment of goods or services shall cease to be re-classified in advance, and revenue from the sale. This position is also supported by the supreme court of arbitration.
 Another situation that occurs less frequently: termination of the agreement by which an advance has been received. Tax, as expected, according to the need for payment of advance VAT, although its return taxpayers can put it in the deduction for this tax. The courts take the taxpayers on this issue. Because of the decision of the arbitrators that the advances on contracts that were terminated in the same quarter, do not fall within the VAT base, as they essentially cease to be, including the item will be considered and payment of tax, which is not was returned to the buyer.
In the following situation I want to talk about the deposit. The Civil Code distinguishes this concept from the front. Since the advance is to ensure commitments by the buyer, which is not refundable in the event of breach of contract. In this situation, the tax authorities have found its support in the courts of arbitration, ie, deposit equal to the advances received.
As a result, the article should point out that taxpayers themselves must choose how they will act in a given situation. Indeed, contrary to the positions in the positions of the fiscal authorities have to seek protection from the courts.

French bankers: The collapse of the euro is inevitable

Analysts are one of the pillars of French and European banking, Societe Generale, argued that "the collapse of the euro is inevitable", and any measures aimed at saving the Greek economy will play the role of short duration plaster bonding collapsing house of cards of the European Monetary Union.
In a memo aimed main investors Societe Generale, Bank strategist Albert Edwards wrote: "Personally, I think very little" help "may be invited to the nations - the members of the eurozone, except for temporary relief and measures aimed at raising the level of confidence. Any" help "Greece is now provided only a few delay the inevitable collapse of the euro zone."
Edwards remarks published immediately after EU leaders issued a statement in which he promised "an immediate and coordinated" aid the Greek public finances. Markets, due to the lack of specific sections describing the nature, condition and amount of such aid, promising leaders are not inspired, and exchange of chickens euro continues to fall, both in terms of dollar and pound. At the moment the euro against the dollar established at $ 1.35 per euro.
The greatest concern of economic analysts is not overripe Greek financial collapse, the lack of growth in the economy of Europe as a whole, and its locomotive - Germany - in particular. Economic growth in all countries of the eurozone in the last quarter of 2009 was 0.1%, Germany - 0%, which threatens the growth of stagnation and possible new economic crisis, which is comparable with the international financial collapse in 2008, the consequences of which the European economy is not recovered.
In the meantime. Ministry of Economy of Germany publishes the gloomy financial forecasts for 2010, complaining of an unusually severe winter and bad weather conditions.

In April inflation accelerated to 1.7%

The inflation rate for April was 1.7%, reported by the National Statistics Committee.

 Thus, the consumer price index for goods and services in April 2012 compared to March of 2012 amounted to 101.7%, from December 2011 - 106.8%.
The base consumer price index, which excludes changes in the prices of individual goods and services regulated by the state, as well as seasonal products, in April 2012 compared to March 2012 amounted to 101.2%, from December 2011 - 106.1%.
Producer price index of industrial production in April compared with March amounted to 102.2%, including capital goods - 102.9%, intermediate goods - 102.6%, consumer goods - 101.3%.
The index of food prices in April 2012 compared to March 2012 amounted to 101.8%, from December 2011 - 106.9%.
The price index for industrial goods in April compared with March amounted to 101.2%, from December 2011 - 105.3%.
The index of prices and tariffs for paid services in April 2012 compared to March 2012 amounted to 102.5%, from December 2011 - 109.9%.
In 2012, inflation in Belarus is planned to be no more than 19-22%.

Deputies search for a row on investment

MPs should also work to attract investment in Belarus. This was stated by the deputy of the House of Representatives Standing Committee on National Security, Oleg Cat.

  Thus he commented on the President's message to the Belarusian people and the National Assembly, BelTA reports.

According to the MP, to create a favorable investment climate should not only members of the government and local authorities, "and we, the MPs also need to address these issues."

Oleg Cote noted that the investment project is being undertaken in the Dzerzhinsk region and hoped that the project will succeed. "This is a very difficult process. Are faced with the issues that initially did not anticipate," - he added.

He also stressed the need to talk with investors and persuade him that Belarus can come without fear. "It is safe to invest their money and develop the production, which would give the investor not only profit but also allow our citizens to have more jobs, incomes have to be paid in our budget," - Oleg concluded Cote.

The euro to dollar increases

The euro against the dollar increased on Friday against the background of the Minister of Finance of Germany, Wolfgang Schäuble.

 In particular he stated that the eurozone economy will, if necessary to cope with the release of the Monetary Union of Greece, as well as news about the loss of U.S. banking giant JP Morgan in April, according to the auction.
As of 19:15 GMT the euro strengthened against the dollar to 1.2939 dollars per euro from 1.2936 dollars per euro on Thursday. For the Japanese currency the dollar fell to 79.88 yen per dollar against 79.92 yen per dollar by the end of the previous auction. The dollar to a basket of six currencies of countries - major trade partners of the United States decreased by 0.06% - up 80.15 points, RIA Novosti reported.
According to Schäuble, the Government of Germany still hopes that Greece will remain a member of the eurozone, but the crisis is necessary for the fulfillment of the requirements of international lenders.
The growth rate of the euro against the dollar contributed to the news from the bank JP Morgan, who in April suffered a loss of $ 2 billion in its trading portfolio. Given such a significant loss of private sector arm of JPMorgan Chase plans to complete the second quarter with a loss of about $ 800 million, although previously expected a profit of $ 200 million."The news is supported by the European currency, but I think their impact will be limited. In the euro area are still many uncertainties, and Greece is now more than ever close out of it" - says a senior currency strategist at Rabobank International Jane Foley (Jane Foley), comments which lead agency Bloomberg.
A more significant drop in the dollar exchange rate prevents the positive macroeconomic statistics from the U.S.. The index of consumer sentiment, University of Michigan, according to preliminary estimates, rose in May to 77.8 points from 76.4 points in April.