Friday, September 6, 2013

Ukraine and Russia: the battle or the game?

Hey my dearest readers!

Recently I was shocked to see the whole web floating in the trade war news between Russia and Ukraine. All famous experts and consultants commented on the Ukrainian's position. We are left with well-know question at the end of the day? Who is right in this battle or who is interested in such a position of Ukraine? Let us look at this question more deeply...

Being a big country with a big influence, Russia is afraid to lose its control over the post-soviet states. Loosing it, it will lose its empirical status, thus on the international level it will be left alone. At the same time, Russia views Ukraine as a country, where it could be cheaply bought and cheaply produced. A good source of additional income, isn't it?

What about the European Union that has its interests in Ukraine? The DCFTA Agreement opens good trade conditions between the EU and Ukraine. Also, it requires the improvement of standards and quality of goods. The Ukrainian market will be hit by the huge wave of competition and it should be prepared to deal with it. From one point of view, it is good for Ukrainian consumers to have a big variety of choice and lower prices since the competition will be intense. However, will our metallurgy, chemical and other heavy industry be ready to face such a challenge?

Tuesday, March 19, 2013

New face of the blog

Hey my dear readers!

I am sorry that I was not given you any update for such a long period of time.
I think this blog needs a little bit of refreshment - it is all now going to be about the economics/finance news connected to Ukraine and European countries.
Why Economics or Finance? It is my second passion and this would be interesting to follow Ukrainian point of view on the current crisis and financial situation in Europe.

In the coming months, I am planning to update the layout and start posting fresh news. Don't worry you won't be bored!

And one other thing, I will keep you updated on the sightseeing opportunities in Ukraine.

Wish you a wonderful evening or day!

Yours,
Ukrainna
 
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