| Economy |
The National Bank of Ukraine published data on the state of the country's gold and foreign exchange reserves based on the results of last year. According to its information, gross international reserves in 2005 grew 2.04 times - from $9.5 billion to $19.4 billion.

This was announced on Wednesday morning at a joint press conference by the heads of "Gazprom" and "Naftogaz Ukrainy," Alexey Miller and Alexey Ivchenko.
These are the conclusions reached by V. Borshchevskyi, head of scientific programs at the Institute of International Economic Research, after the seminar "Local and Regional Development of Ukraine," which was held today in Lutsk.
On December 24, during a press conference in Lutsk, the head of the People's Party faction in the Verkhovna Rada, Ihor Yeremeyev, regarding the sale of a block of shares of the Galychyna oil refining complex, stated: "As of today, there are no longer any buyers for the Galychyna oil refining complex.
The director of the Volyn Silk Combine, Oleksandr Kropyva, reported that the additional agreement will specify conditions regulating the fulfillment of investment obligations by both the enterprise and the SPF. "Basically, this concerns the repayment of wage arrears and debts to the budget," he says.

\nIn November, real gross domestic product declined by 2.7% compared to November of last year - to 35,513 million hryvnias. This was reported by the State Statistics Committee, according to "Ukrainian News." \n \nFor January-November, GDP grew by 2.2% compared to January-November 2004 - to 363,163 million hryvnias.
Starting February 20 next year, the National Bank will put into circulation banknotes with a denomination of 100 UAH of a new design.
In Ukraine, winter crops for grain and green fodder (excluding rapeseed) were sown by all categories of farms on 6.194 million hectares. This area is 18.8% lower than the corresponding figure last year, when 7.626 million ha were sown with winter crops.

Increasing of industry production in January-November 2005 compared to the same period in 2004 is 2.9%. It was informed by National Statistic Committee of Ukraine.

In November 2005 the international reserves of the National bank of Ukraine has broken another record and reached the point of $19 billion 471.5 mln. It is $4 bllion 582.9 mln (or 30.8%) more than in October this year.
