EAVEX Weekly

December 11, 2015

Kyiv-listed stocks were little-changed on Thursday (Dec 10) during a subdued trading session. The news flow was dominated by encouraging reports that the Cabinet of Ministers and Parliament are open to compromise on tax legislation, signaling a possible end to the standoff on tax reform. Both sides agree that the tax amendments should achieve three goals: stimulate economic development, reduce the tax pressure on business, and prevent a large budget deficit.