: :inin Kyiv (EET)

The separatist conflict costs Ukraine $10 million a day


The collapse in Ukraine’s hard currency reserves to just enough to cover five weeks of imports is threatening big government debt writedowns, rather than mere maturity extensions, being needed to put the country on its feet, the Reuters reports.
Meanwhile the separatist conflict continues to cost Kyiv $10 million a day and is distracting the government from its reform plans, required by Western backers in exchange for financial assistance, said senior research fellow at the Razumkov Centre Volodymyr Sidenko.
Unless the government tackles corruption and implements other promised reforms … all foreign loans will be wasted, he said. “It would be like …read more

Source: Razumkov Centre

World press about Ukraine

The category “World Press” is created to observe information about Ukraine in the world media. More information about “World Press” category you can read here

World press category: terms & conditions

Submit a Comment

Your email address will not be published. Required fields are marked *

Pin It on Pinterest

Share This

Share this post with your friends!