Friday, February 10, 2017

Ukraine grew faster than expected

Reuters:

Ukraine's economy grew as much as 4.8 percent year-on-year in the fourth quarter, the state statistics agency's chief said on Wednesday, citing preliminary data that suggests a stronger-than-expected recovery towards the end of the year.


"We can now speak of an acceleration in gross domestic product growth in the fourth quarter," State Statistics Agency chief Ihor Verner said .

The economy of Ukraine is now recovering and that should benefit the Ukraine based companies I am speculating on. Ag company Agrocom and natural gas producer Cub Energy (KUB.V).

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