KIEV, Dec. 21 – The investment attractiveness index of Ukraine drawn up by the European Business Association in the fourth quarter of 2012 came to 2.12 notches out of a possible five, which is evidence of the slight worsening of investors' confidence (by 0.02 notches), despite the improvement of Ukraine's positions in the global ratings which reflect the doing business conditions.

"This year Ukraine improved doing business conditions, being 137th, and Ukraine's position in the World Economic Forum's rating came to 73rd. However, investors' sentiments are stably moderate… they were not improved compared to the previous year," Hanna Derevyanko, the EBA's executive director, said, commenting on the results of a poll of top managers at companies - EBA members.

She said that 2012 was a complicated year for the association, and over 200 initiatives, which were discussed jointly with the government, were raised within the association.