EBA: Investment attractiveness of Ukraine declines in Q2.

By bne IntelliNews June 16, 2011
The investment attractiveness of Ukraine declined to 3.39 points in Q2/ 2011 (on 5 points scale), which is down by 1 point compared to Q1, the European Business Association has announced. The current investment climate stayed at the level of 3.7 points, as future expectations at 3.2 points. However, during the last 3 months, the investment climate assessment declined by 0.1 points to 3.5. These results show the disappointment of investors in the promises of the government. However, greater correction of the rating did not happen because of economic stabilization and recovery of the domestic market, says the president of EBA Tomas Fiala. 52% of respondents did not see any positive changes during last month. The last time that the index showed decline was in Q3/2010 (by 5 points).
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