29 march 2010 15:27 Ukraine's economy emerging from crisis
The Ukrainian economy is gradually emerging from the crisis, Interfax-Ukraine news agency cites the chief of the European department of the International Monetary Fund (IMF) mission to Ukraine Thanos Arvanitis as saying.

"During the past two months industrial production in Ukraine has demonstrated positive results... which indicates a gradual recovery of the economy," the press service of the Ukrainian Economy Ministry quoted Thanos Arvanitis as saying at a meeting with Economy Minister Vasyl Tsushko.

The Minister informed the IMF representative on the main priorities of the government, among which he singled out the recovery of public finances and the banking system, as well as the improvement of the investment climate in the country.

In addition, according to him, the government will pay much attention to the preparation of the finals of the Euro 2012 European Football Championship, reducing Ukraine's shadow economy, and restoring the country's economic development through implementing reforms.

As reported, the IMF mission lead by Thanos Arvanitis is working in Ukraine since March 24 till April 2 to discuss the possibility of restarting the country's cooperation program with the Fund.

MIGnews.com.ua