The first sitting of the Ukrainian Real Estate Club will by held on February 18th in the office of Ukrainian Ministry of Finance

Late January the International Monetary Fund published the world economic review, the World Economic Outlook - 2010. According to the IMF forecast, the world economic growth in the current year will make up 3,9%. However, as the experts of the Ukrainian Real Estate Club claim, such a growth to a great degree will depend on the adequate withdrawal of the government and banks from the emergency relief of the financial and economic systems. In current situation it is extremely important to have a distinct idea of the tendencies on the world financial markets. With this aim the first sitting of the Ukrainian Real Estate Club will be dedicated to the situation in the global financial system and to the tendencies as to credits to real estate sector. While holding the discussion panel on the 18-th of February, 2010, in the Ministry of Finance of Ukraine, the idea of the world financial markets development in the year 2010 will be stated by:

• Dominique Menu, Head of the Representative Office, International Financial Group BNP Paribas - Ukraine, member of the Supervisory Board of UkrSibbank, President of the French Business-Club;
• Milen Georgiev, Senior Banker, European Bank of Reconstruction and Development in Ukraine.
• Federico Russo, Chairman of the Board, UniCredit Bank in Ukraine;
• Nadir Shaikh, Chairman of the Board, Citibank in Ukraine.

Among the key issues to be touched upon by the discussion panel, are the following:

• current situation in the global financial system, tendencies in the world markets in 2010;
• tendencies in the crediting of the real estate sector in various regions: America, Asia, Europe, Russia, Ukraine;
• intentions of banks concerning the credits to real estate projects in Ukraine in 2010, forecasts.

The moderator of the discussion panel will be Yuriy Vitrenko, Vice-President, Amstar Europe Company.

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