Business news from Ukraine

UKRAINIAN FM DENIES CRISIS OF CONFIDENCE BETWEEN US AND UKRAINE

Allegations of the existence of a crisis of confidence between the leadership of the United States and Ukraine do not correspond to reality, spokesman for the Ministry of Foreign Affairs of Ukraine Oleh Nikolenko said.
“Allegations of the existence of a crisis of confidence between the leadership of the United States and Ukraine do not correspond to reality,” Nikolenko said in response to an inquiry from Yevropeiska Pravda (European Truth).
The speaker supported the recent statements from the US Embassy in Ukraine, where they promised that Joe Biden would call Volodymyr Zelensky soon, noting that the United States did not put forward any prerequisites for such negotiations.
“Earlier, the Ministry of Foreign Affairs of Ukraine, and now the US Embassy in Kyiv, has clearly announced the preparation of a telephone conversation between the leaders of the two countries without any preconditions. There are no grounds to question the strategic nature of the partnership between Ukraine and the United States,” Nikolenko said.
He also accused certain public figures, without calling names, of “inventing contrived stories” about relationship problems. “There is a crisis of public assessments of some Ukrainian figures,” the diplomat said.

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PRESS CONFERENCE ENTITLED “FROM ROBBERY OF FOREIGN INVESTORS TO RESTORATION OF CONFIDENCE IN UKRAINE”

On Friday, November 29, at 13.00, the press center of the Interfax-Ukraine news agency will host a press conference entitled “From Robbery of Foreign Investors to Restoration of Confidence in Ukraine” on regular robberies of foreign investors by a criminal gang which included employees of security agencies in 2015-2018. Participants: Chairman of NGO Association for Protection of Foreign Investment Anatoliy Velymovsky; co-founder of NGO Association for Protection of Foreign Investment, Head of non-governmental organization for protection of public order and state border of Ukraine “Left Bank – Kyiv BTO” Taras Moskaliuk; German citizen, investor, owner of BioTexCom Albert Totchilovski; Lithuanian citizen, private investor Virmantas Vildziunas (8/5a Reitarska Street). Registration requires press accreditation.

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CONSUMER CONFIDENCE IN UKRAINE CONTINUES IMPROVING

Consumer confidence of Ukrainians in December 2018 improved compared with November by 2.4 points, to 62.2 on a 200-point scale, following the November trend after a significant decline in October 2018, GfK Ukraine has reported on the results of a monthly study, clarifying that from January 2019 it stopped this research project. This indicator is also 1.9 points higher compared to December 2017, the report says.
“In December, the optimism of consumers recovered after a slight recession in October-November. The consumer confidence of the citizens with average and higher than average income has improved the most. In December, these groups saw the significant increase of the index of expected changes in future income and propensity to consume. Instead, the pessimism has increased in the group of citizens with lower than average income,” GfK Ukraine analysts said.
The largest positive trend was shown by the index of propensity to consume, which rose by 3.7 points in December 2018, to 71.6, the study indicates.
Ukrainians were also optimistic about the expectations of changes in unemployment: the corresponding index rose by 3.5 points, to 134. The index of expected changes in personal financial standing grew by 3.2 points, to 61.8.
In addition, the inflation expectations index improved, dropping by 2.6 points, to 186.6, and the economic expectations index increased by 2.6 points, to 63.6.

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