OREANDA-NEWS. On January 30, 2009 Prime Minister Yulia Tymoshenko considered that a house price in Ukraine should be reduced to reasonable limits at the cost of stabilization of prices for construction materials. She stated at a sitting of the Council on stabilization of building sector during the financial crisis.

“The square metre price of building should be clearly calculated, should be reduced to reasonable limits and not only at the cost of profits reduction but out of proceeds of the price, the construction materials cost,” the Head of Government noted.

Meanwhile, Yulia Tymoshenko declared that Government would require strict control over the prices of basic material and technical resources used in the building sector. “We’ll strongly tackle it, and think it over, how we can prevent, for example, speculations in local materials, to make a cement price, a metal price be adequate and comply with the current securities,” she stressed.