European issues have a great effect not only on the countries in the region, but also global economy in general. Sovereign debt issues that must be
solved as soon as possible draw attention of global community as Europe is the greatest producer and consumer of goods and services. Ukraine’s
exports for the major part are sold in Europe and Ukrainian Agro Holdings that actually export their goods do so to Europe. More importantly, the
main investment source for our companies in terms of public placements is Europe and lack of liquidity at least and default of European country at
worse will significantly decrease such flow and will slow down the development of those holdings. That is why UAIndex went up 0.24% Wednesday
reflecting partially good news from ECB. European Union summit ends this Friday (tomorrow) and many are looking forward to certain plan,
consisting of measures that will set a clear way to deal with debt issues in the region.
 

UAIndex