Ukraine advances but still faces big challenges

Ukraine advances but still faces big challenges

Ukraine advances but still faces big challenges Last year’s asset rally continues but investors should demand more progress on reform MARCH 22, 2017 by: Chris Weafer Ukraine equity indices and debt prices were among the best performing in the world last year with, for example, the euro-denominated WIG-Ukraine Index up more than 40 per cent […]

Ukraine’s Economic Growth Surprises

Ukraine’s Economic Growth Surprises

Ukraine’s Economic Growth Surprises Although we have definitely felt solid improvement on the ground, these numbers still come in as a positive surprise.  Frankly we wouldn’t mind so much if things slowed down a little as we still are buying and want to buy a lot more.  Remember, Ukraine doesn’t either tick up or down […]

EU approves EUR 600 mln loan tranche to Ukraine

EU approves EUR 600 mln loan tranche to Ukraine

EU approves EUR 600 mln loan tranche to Ukraine The European Commission decided on March 16 to release a second loan tranche of USD 600 mln of its Macro-Financial Assistance (MFA) program to Ukraine, its official press release said the same day. It stated the Ukrainian government largely fulfilled policy requirements. With the approval, “the […]

Ukraine industry speeds up to 5.6% in January

Ukraine industry speeds up to 5.6% in January

We follow industrial production more closely than GDP as we consider it a more leading indicator of the Ukrainian economy. We continue to see on the ground signs of the improving situation as businesses are full, property prices have started to slowly creep up and we have seen a definite increase in rental rates. Ukraine […]

Ukraine EU Free Trade Agreement Back on Track

Ukraine EU Free Trade Agreement Back on Track

Ukraine EU Free Trade Agreement Back on Track Dutch lower house approves EU-Ukraine Association Agreement The lower house of the Dutch parliament voted to ratify the EU-Ukraine Association Agreement on Feb. 23, RFE/RL reports. The Dutch Senate is scheduled to vote on the agreement in March, and passage will bring the agreement into force three […]

Ukraine IMF Agreement

Ukraine IMF Agreement

Ukraine reaches latest IMF agreement, paving way for USD 1 bln tranche The Ukrainian government reached an agreement with IMF staff to update its economic and financial policies memorandum, IMF Mission Chief in Ukraine Ron van Rooden announced on March 4. As a result, the third review of the Extended Fund Facility (EFF) program by […]

January Ukraine External Trade Results are Really Impressive!!

January Ukraine External Trade Results are Really Impressive!!

January Ukraine external trade results are really impressive!! Ukraine C/A deficit narrows to USD 26 mln in January Ukraine’s current account narrowed to a USD 26 mln deficit in January from USD 315 mln a year ago, the National Bank of Ukraine reported on March 2. A 41% yoy upsurge in export proceeds offset imports […]

IMF to approve next wire for Ukraine

IMF to approve next wire for Ukraine

IMF to approve next wire for Ukraine The only reason to read IMF news is to determine how tough the international community is being on the UA making real reforms … we are under no illusion that reforms will be made on their own and without the IMF withholding funding in exchange for change. One […]

Ukraine GDP +4.5-4.8% in 4Q16

Ukraine GDP +4.5-4.8% in 4Q16

Ukraine GDP grew 4.5-4.8% in 4Q16, Statistic Service provisional report Ukraine’s GDP increased 4.5-4.8% yoy in 4Q16, reported Igor Verner, Head of State Statistics Service at the Cabinet meeting on Feb. 8, according to Interfax-Ukraine news agency. The number was estimated based on the results of the core sectors of economy. The IMF anticipated 1.5% […]