Daily Archives: Jun 30, 2012

Foreign visitors, numbering up to a million during Euro 2012, appear to have been left with an overwhelmingly positive impression of tournament co-host Ukraine. But international financial institutions look likely to need more convincing before they re-ignite their once intimate relationship with the developing nation.

Ukraine’s largest financial investor, the EBRD, has committed €7.5bn to the country since 1992, invested across 294 projects, including badly needed pre-tournament upgrades of transport in host cities Kiev and Lviv. Yet both the EBRD and IMF are calling for major political and legal reform if they are once more to step up commitments. Read more

Leave those Libor / EU summit worries behind. In the EM world, this is your week in a nutshell. Read more

How much would you pay to secure access to one of the world’s most lucrative beer markets?

$20.1bn if you are Anheuser-Busch InBev and if the market in question is Mexico. On Friday, the Belgian-Brazilian company, the world’s largest brewer, agreed to buy the 50 per cent of Grupo Modelo, maker of Corona beer, that it does not already own.

So how do the numbers stack up? Read more