KIEV, Dec. 22 - Consumer confidence in Ukraine in November 2010 worsened, according to the International Centre for Policy Studies (ICPS), citing the results of a consumer confidence survey conducted as part of a joint project with GfK Ukraine.

"Consumer confidence of Ukrainian citizens in November 2010 was under the pressure of government's plans to adopt the Tax Code, which would have considerably increased the tax burden on small and medium businesses. This could have meant the loss of incomes of jobs for many Ukrainians," said ICPS Deputy Director Maksym Boroda.