- Parliament supported free trade area with EU after hearings.
- GDP grow 5.2% yoy in the first quarter according to preliminary figures.
- The Cabinet of Ministers canceled export quotas for grain.
- Current account deficit shrank in April.
- Budget policy was defined for 2012 with fiscal consolidation planned.
- Budget wage bill will increase.
- Consumer inflation jumped to 11.0% yoy in May due to statistical base.
- Cash exchange rate crossed UAH 8 per USD mark.
- HIGHLIGHT OF THE MONTH: Doing business - Much room for improvement of business climate