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According to the World Bank, Ukraine has "...
a significant economic potential as a result of
its well educated labor force, large domestic
market, access to a variety of resources including
some of Europe's best agricultural land, significant
coal and some oil and gas reserves, and a
strategic location connecting Europe, Russia
and Asian markets. "
Fitch Ratings agency - March 2010: "...has revised
Ukraine's sovereign debt outlook to stable from
negative...", meaning Ukraine is likely to upgrade its
ratings soon, because of reduced political risk following successful
2010 election.
Ukraine's property market is likely to be stable in
2010. There are positive signs in construction,
despite the effect credit crunch has had on an available
capital. In our opinion, even small improvements in the
overall economic climate will trigger significant
price increases in the premium real estate segment . |
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The first capital of Ukraine is the city of
1.5 million people. It is Ukraine's largest industrial, scientific,
educational and cultural hub. "Made in Kharkov" tractors paved the way to the South Pole, jet airlines are used on international flights, and
powerful turbines are sold in many countries. Kharkov's largest State University is one of the oldest in Eastern Europe (dated 1804) and
the only one in Ukraine with three Nobel Prize laureates. Kharkov's Institute of Physics and Technology is world-known for its
nuclear, plasma and theoretical physics.
Fitch Ratings agency - March 2010 - Kharkov:"... good financial management, adequate budgetary
performance in 2009 and expected satisfactory performance in 2010, sufficient liquidity..."
World Soccer Cup - 2012 - Kharkov will spend over $1 billion
dollars on the new airport terminal, hotels, security, roads, subway stations, etc.
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