Expectations on Ukraine are getting bigger this year, since harder times seem to have passed. The first positive result of the year shows us that the Consumer Price Index (CPI) in 2016 remained in line with the National Bank of…
2017: An Opportunity for Further Improvement
During 2016, the Ukrainian economy has demonstrated some advance, and the latest results hint towards positive perspectives. According to the State Statistic Service of Ukraine, GDP increased 2% y-o-y and 0.5% q-o-q in 3Q16 while accumulating a 1.2% YTD increase.…
The End of Yatsenyuk’s Road
Prime Minister Arseniy Yatsenyuk announced his resignation on Sunday Parliament speaker Volodymyr Groysman is expected to be the next Prime minister, while Natalie Jaresko would be leaving the finance Ministry It remains to be seen if the new government will…
Baby Steps
· Ukrainian Central Bank cut borrowing rates from 27% to 22% · International Financial Institutions lent Naftogaz USD500mn to begin gas imports after Ukrainian-Russian gas deal is signed · A Dutch referendum could bring down trade with the country’s 3rd…
Debt Under Control?
• Ukraine froze payment on an USD500mn principal due 20 September • Ukraine is on a “potential moratorium” according to ISDA. A meeting on Friday could lead to CDS payments, but we see it unlikely • Seems like the country…
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