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Economy and politics
February 9, 2010This is a democracy

On the cold winter day of February 07, Ukrainians voted for their next president. All polls and preliminary data from the Central Elections Commission point to the victory of Viktor Yanukovich, who heads the Party of Regions, the largest party in the Ukrainian Parliament. International observers confirm the absence of material fraud that could principally affect the election results. As a result, Ukraine should enter a period of relative political stability, with a new president who has majority support in the parliament, who will put in place a prime minister who is loyal to him. Ukraine’s next parliamentary elections should only be at the end of 2012.

Economy and politics
November 18, 2009It won`t be long before the sun shines bright: Macroeconomic update

It has been a while since economic crisis started in 3Q08. Currently we see some signals that economic downturn is over and recovery is expected in 2010. In this report we analyze current conditions, identify main risks and make forecasts on the state of Ukrainian economy until the end of 2009 and 2010.

Economy and politics
April 24, 2009IMF loan second tranche: market reaction

A memorandum on economic policy was sent to the IMF this week, Ukrainian officials have announced. The memorandum describes a number of actions aimed at stabilizing the economic situation in the country. The key points of the document will be announced once it is signed by the President, Prime-Minister, the Governor of the National Bank and the Minister of Finance.

Economy and politics
March 16, 2009Silent Spring: Macroeconomic Update

The economic crisis has been unwinding rapidly in Ukraine, forcing many economists to revise their earlier forecasts regarding the macroeconomic scenarios in 2009. Namely, the depth of the real sector downturn, the substantial devaluation of the hryvnia caused by panic on the foreign exchange market, and a weak government response to changing economic conditions are among the factors that were not entirely anticipated by either domestic or foreign analysts.

Economy and politics
December 10, 2008Belarus: country report

Belarus (literally translated as ‘White Rus’) is a landlocked economy in transition, located in Eastern Europe and neighboring Ukraine, the Russian Federation, Latvia, Lithuania and Poland.

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Daily monitor

Economy and politics
September 3, 2010Ukraine’s governmental debt increased to 33.5% of GDP in July

Total governmental debt increased by 6.3% m/m, to USD 45.9 bln, in July 2010. Direct governmental debt increased by 5% m/m, to USD 34.9 bln, and government-guaranteed debt grew by 10% m/m to reach USD 12 bln.

Economy and politics
September 2, 2010Ukrainian debt in July 2010 increased by 6.5%

The government debt of Ukraine in July 2010 increased by 6.5% to USD 45.9 bln total (15.2% YoY).

Economy and politics
August 27, 2010Ukraine demonstrates positive payment balance in July 2010

The current account deficit in July is USD 255 mln and the financial account surplus is USD 1 bln. A 7М10 surplus of current account is USD 24 mln, and the financial account surplus is USD 5.15 bln.

Economy and politics
August 18, 2010Industrial output in July grew by 6.4% yoy

Industrial output in July 2010 increased by 6.4% yoy. Growth of 7M10 equals 11.1% yoy growth.

Economy and politics
August 17, 2010Ukraine GDP soared by 6% in 2Q10

According to preliminary data, the real GDP of Ukraine grew by 6% in 2Q10.

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