: :inin Kyiv (EET)

Ukraine’s economic challenge


Russia’s presence in Ukraine has brought Western sanctions onto Russia, but it has also pushed Ukraine to the brink of bankruptcy, and into an IMF-led $40bn bailout. Due to the conflict, industrial production in Donetsk dropped 60 percent year on year, and in Lugansk it fell by 85 percent. Ukraine’s government says it is spending $10m a day on the military campaign in the east. And there is the human cost: official UN estimates say more than half a million east Ukrainians are now internally …read more

Source: Egylovers

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