strong/stronga href="http://1.bp.blogspot.com/_ngczZkrw340/SVFAWkhXc8I/AAAAAAAAL3k/ueQYKIgYSc0/s1600-h/hrvynia.png"img id="BLOGGER_PHOTO_ID_5283074594387227586" style="DISPLAY: block; MARGIN: 0px auto 10px; WIDTH: 320px; CURSOR: hand; HEIGHT: 159px; TEXT-ALIGN: center" alt="" src="http://1.bp.blogspot.com/_ngczZkrw340/SVFAWkhXc8I/AAAAAAAAL3k/ueQYKIgYSc0/s320/hrvynia.png" border="0" //abr /br /blockquotep“In Ukraine, the evidence is still that policymakers do not quite understand the seriousness of the challenges they face,”. Timothy Ash, analyst at the Royal Bank of Scotland. /pp“There is a burgeoning economic crisis in the European periphery,” Krugman said on the ABC network Dec. 14. “The money has dried up. That’s the new center, the center of this crisis has moved from the U.S. housing market to the European periphery.” /p/blockquoteMake no mistake about it. What is taking place right now in Ukraine is extraordinarily serious. The IMF have recently agreed a support loan to the country, but the politicians themselves still can't agree on whether or not they are actually going to abide by the conditions attached to it. Meantime, as we can all see on ...

Major benchmark on Ukrainian Stock Exchange is PFTS index. It used to be the best performing index one year ago. Ukraine was also one of the most resistant market in the beginning of global markets turmoil and kept its excellent performance. Early 2008 PFTS index was still traded at all time high.But that's the history. Now it is the worst performing index with y-o-y 80% down. On Friday government halted trading on stock exchange to protect against free fall.Ukraine is highly dependent on industrial production and agricultural commodities, particularly steel, fertilizers and grain. Falling commodity prices pushed many companies into red numbers. Also banking sector show alarming signals. One of the major banks collapsed and 5 others asked government for assistance.http://stockweb.blogspot.com/atom.xml

by Edward Hugh: BarcelonaThe medium-term outlook is sensitive to external developments and policy responses. A benign external environment, featuring even higher steel prices and FDI, could produce growth in excess of 7 percent, but inflation could prove hard to control under a peg. Under an adverse external outlook, by contrast, the peg could lead to external sustainability problems.IMF 2006 Article IV Consultation Staff Report (February 2007)Ukraine's economy is in trouble, there is no doubt about it. The cost of protecting debt against a sovereign default by Ukraine's government soared to a record on Friday, following the arrival of a twin storm of both political and financial uncertaintly. The Ukraine president Viktor Yushchenko announced earlier in the week (only to be challenged on Saturday by his perpetual rival Julia Tymoshenko) that he was going to call what would be the country's third parliamentary elections ...