Short and Sharp

I have been out for 5 months...which is actually a lot for a blog. No excuses. I did not write as I really had not much  to comment.

Actually, my general perception of overall situation has not changed. Anyway, I will make some remarks, just for you to be sure that blog is still alive as blogger keeps on breathing.

Regarding Ukraine, I have to say that our worst forecast have been confirmed. Any remarkable change has been introduce in the country, except new regulations which have create an atmosphere of panic and demotivation to invest and launch any new business except for those which are very close to structures of politicial power. Nothing has been done to reduce corruption and private money is not flowing on to the economy but just looking for 'short-term operations' in Ukraine. Some civil works, infrastructure construction is being done to make-up the country before Euro 2012. That should be over in few months. That's all.

  The confidence between consumers, the purchase power has not improved except for those appointed as new 'public servers' in the new administration.I have to say that either Goverment changes it orientation and attitude towards its own people and economical situation or country will continue to slip down towards a dark future. Social, political unrest will damage even more economical growth...and State Budget can not be longer relaying on foreign loans to execute its payments. It has to get income from big corporations which are operating in the country and stop pushing on small and middle size business which is trying to recover after 2009 crisis. It has to control customs as it is not doing ( nothing has changed from previous days ) and has to crack on 'law kaos' as regulations are not enforced and corruption is fully spread in the law system.

  There are some good signs of recovery on construction, on the lower residential segment, where 'cash' operations allow market to be more active than in middle and high class segment which are not showing signs of recovery as financial sector is not providing the required financing for middle and high amount operations.

 Agriculture is showing strongly and investment on this sector, based on the plans for land privatization which this goverment is going to undertake, should allow this sector to show the strongest growth in the country.

 Equipment seems to be sold at good pace to Russia and other CIS countries.

 Anyway, as it is mentioned on the link I enclose above, unfortunately, we can not say that things have improved in terms of  'business friendship' in Ukraine.

http://www.domik.net/novosti/kak-inostrancy-ocenivajut-ekonomiku-ukrainy-n136778.html

As I promised when I started this blog, from now on I will try to focus my attention on other former USSR republics, while Ukraine takes its time to decide to move on the direction to prosperity or it finally consolidates as the eastern border of EU and the 'eternal promised land'.