• Custody

    Go East!

    Published on 2010-06-09 07:00

    Eastern Europe has been hardly hit by the global credit crisis and recession – largely due to high foreign debt – is now beginning to see a gradual improvement. So far, the turnaround is visible in increasing export and industry production – although from a very low starting point. Export will remain the driver and both Russia and Ukraine will benefit from high commodity prices. Consumption and investments will continue to be affected by increasing unemployment, weak salary development, financial policy contractions...

    Read more in enclosed pdf file written by Ulf Norén, Global Head of Sub-Custody Client Relations at SEB.
     

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