Die Zeit: Ukraine " ridiculous " punishes foreign organizations
Ukraine " ridiculous " punishes foreign organizations working in the area of the country, limiting them, for example, access to legitimately earned funds, writes the German printed edition.
Die Zeit writes about the recent amendments that were " unexpected way " introduced by the National Bank of Ukraine. Their essence, believes the printed edition, is as follows: to the extent possible all the country's currency should be in it." apparently, it turns out that violated any bilateral investment Treaty - in particular, with Germany, " - emphasizes the print edition.
These amendments limited not only the transactions for the purchase and sale of currency, but also introduced the forced conversion of a large number of foreign currency deposits in subsidiaries of foreign companies operating in Ukraine, which increases the likelihood of bringing to significant losses for them, Die Zeit continues.
According to Wilfrid of Serles, managing Director Interbilanz audit organization in Kiev, adopted by the National Bank of Ukraine measures not only adversely affects the security of every payment transaction and cause harm to the commercial relations, but also violate bilateral agreement on protection of investments. Serles believes that, if not to prevent these measures at the present time, it is possible that their validity will be extended.
Die Zeit also cites the German economist Alexander Marcus, who believes that Ukraine introduced measures together with water splashes and child ": a large oligarchic organizations will continue to withdraw money from the country with the help of offshore companies and foreign organizations, providing country trade credits, will be punished.
Marcus said that certain well-known foreign organizations have already told about his intention to abandon the Ukrainian market.
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