Awards for Excellence 2009: Ukraine

In 2007, Ukraine’s economy grew by 7.3%. Last year it shrank by 9% as it became the first country to seek an IMF bailout. That bailout duly came when the Fund signed an agreement for $16.4 billion. Still, Ukraine’s troubles are far from over, with the country beset by political infighting.

Global Awards for Excellence
Central and Eastern Europe Regional Awards of Excellence
Albania Azerbaijan Belarus
Bosnia & Herzegovina Bulgaria Croatia
Czech Republic Georgia Hungary
Kazakhstan Kosovo Kyrgyzstan
Macedonia Moldova Montenegro
Poland Romania Russia
Serbia Slovakia Slovenia
Turkey Ukraine Uzbekistan

Best Bank: Raiffeisen Bank Aval

In 2007, Ukraine’s economy grew by 7.3%. Last year it shrank by 9% as it became the first country to seek an IMF bailout. That bailout duly came when the Fund signed an agreement for $16.4 billion. Still, Ukraine’s troubles are far from over, with the country beset by political infighting.

And when they haven’t been fighting each other, Ukraine’s leading politicians have spent much of this year fighting off fears that the country will suffer a sovereign debt default.

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