Eastern Europe / Opinion

COMMENT: Ukraine’s slow but steady westward trade path

Iana Dreyer of Borderlex in Paris July 18, 2019

Five years after the Maidan revolution, the DCFTA between the EU and Ukraine is turning out to be an important vehicle in the East European country’s gradual economic decoupling from Russia. It is also buttressing the its slow but steady reform path.

COMMENT: Southeast Europe the growth star in CEE banking, but the profit pool is elsewhere

Gunter Deuber of Raiffeisen Research in Vienna July 16, 2019

The core message for bankers and investors active in the CEE region should be: close to old records, potential for more but watch out for late cycle phenomena.

COMMENT: Ukraine poised for a new strong start after July’s elections

Tim Ash of BlueBay Asset Management July 12, 2019

Ukraine heads to the polls again for parliamentary elections on July 21, and expectations are building of another pro-reform vote to follow Volodymyr Zelenskiy’s landslide victory in the run off of the presidential election in April.

COMMENT: Sberbank’s chief economist says Russian inflation could come in below 4% in 2019

bne IntelliNews July 9, 2019

Sberbank’s chief economist says Russian inflation could come in below 4% in 2019

ING THINK: Russian GDP growth to pick up, modestly

Dmitri Dolgin chief economist Russia ING July 2, 2019

The scheduled pick-up in state-sponsored investments leaves hopes for a recovery in Russian GDP growth following the disappointing 0.5% YoY in 1Q19, but weak exports and consumption mean the recovery will be modest

ING THINK: Russian household and corporate activity remain sluggish

Dmitri Dolgin chief economist Russia ING June 24, 2019

May data on household income and consumption is slightly better than expected although this could be down to one-off factors. Corporate activity is clearly subdued but may see some support from the scheduled pick up in state spending in the second ha