OREANDA-NEWS. June 22, 2011. Balanced budgetary policy has allowed the Government to stabilize a financial situation. It was declared today by the Prime Minister of Ukraine Mykola Azarov during the session of the Cabinet of Ministers of Ukraine.

"The phantom of a default which could turn to a reality in the beginning of the last year, any more does not frighten us", - Mykola Azarov emphasized. Thus he added, that "the Government has managed to minimize even threat of a rise in price of gas".

"It is enough gas in our underground storages to pass fall and winter of 2011-2012. Because in advance we have got gas under the comprehensible price", - noted Mykola Azarov noted.

The Head of the Government also noted that a certain margin of resource today is created, and "subject to reasonable economy, through the pursuit of energy efficiency, it ensures the continuation of the country out of crisis."