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Kievskie Vedomosti Again Suspends Publication 

02 March, 00:00
The Kievskie Vedomosti staff suspended the publication of the newspaper on Monday citing "financial and organizational problems."

The newspaper was closed because its bank account had long been frozen, as the publication had been repeatedly sued for exorbitant amounts, says the announcement of the newspaper staff. On the other hand, the Soyuzdruk distribution agency refused to sign a contract with the newspaper for this year, which caused sales to plummet. Earlier, the editorial board was evicted from its leased premises by an Arbitration Court decision and continued to put out the newspaper in poorly suited premises.

The current conditions have reflected Kievskie Vedomosti's financial plight, with the staff getting no pay since last November. The newspaper workers think "a cardinal decision about the destiny of Ukraine's first private daily must be made by its stockholders."
 

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