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Ukrtelecom Posts UAH1.6bn Net Income

Ukrainian telecoms operator Ukrtelecom's net income rose by UAH43.6mn (USD3.61mn) year-on-year (y-o-y) to UAH1.6bn (USD133mn) in Q114, owing to an increase in incoming international transit traffic.

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Inflection Point Reached In Crisis

Russian President Vladimir Putin's call for the postponement of May 11 referendums on independence in east and south Ukraine marks a step towards a de-escalation of tensions in Ukraine

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Conflict To Impact 2015 Output

Ongoing military tensions between Ukraine and Russia will leave grain prices supported for the remainder of H114, despite record levels of Ukrainian output and exports in 2013/14. This is due to the...

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IMF Loan No Guarantee Of Stability

While the approval of a USD17.0bn Stand-By Arrangement from the IMF (including USD3.2bn for immediate disbursal) is positive for Ukraine's near-term debt servicing prospects, we remain sceptical that...

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