OREANDA-NEWS  On 07 October was announced, that Victor Yuschenko, the President of Ukraine, abolished a whole number of its decrees, by which he suspended some acts issued by the Cabinet.

Thus, the Cabinet gains a number of additional possibilities for privatization (and accordingly, additional proceeds to the state budget) blocked by the President before. In particular:

it is permitted to sell the state-owned stakes in Dniproenergo (PFTS: DNEN), Donbasenergo (PFTS: DOEN), Zakhidenergo (PFTS: ZAEN), Centreenergo (PFTS: CEEN), Turboatoma (PFTS: TATM) and a number of other companies;

the Cabinet acquires from the State Property Fund of Ukraine the rights to manage a number of companies, the largest of which being Ukrtelecom (PFTS: UTEL), Odesa Priportovy Plant and Turboatom (PFTS: TATM);

the government becomes able to contribute the state-owned property to the registered capital of economic agents only based upon its individual decrees;

the control over the State Mortgage Institution is transferred from the State Agency for Investments and Innovations to the Finance Ministry, as well as the State special-purpose economic program for capital markets modernization developed by the Agency is abolished.

Possibly, the unexpected generosity of the President is a kind of concession in the course of backstage talks with the prime-minister on coalition rehabilitation.