- During his visit to Kazakhstan Mr. Yushchenko discussed questions of oil supply for Ukraine.
- In the first quarter of 2005 investments in fixed capital increased by a meagre 4.5% yoy.
- The Government reacted to the rising oil products prices by stimulating imports.
- Ukraine signed a bilateral protocol for access to markets of goods and services with El Salvador.
- Real household incomes grew by 24.1% yoy in the first quarter 2005 due to increases in the minimum wage and pensions.
- The banks slowed their lending activities due to investment uncertainties and the revaluation of the hryvnia.
- S&P upgraded Ukraine’s sovereign rating to B+.
MEMU SUPPLEMENT: "The Ukrainian gasoline “crisis”"