Ukraine is not yet dead, but it’s about to go bankrupt - Quartz

Ukraine is not yet dead, but it’s about to go bankrupt - Quartz:

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Not a member of the EU, but adding to its economic woes. Reuters / Gleb Garanic

Ukraine’s national anthem, the famously morosely titled “Ukraine has not yet died,” gives a pretty good indication of the country’s troubled and tragic history. Unfortunately for Ukrainians, there is mounting evidence that another serious economic crisis is rapidly approaching, and that the country’s structural problems and persistent economic weakness are no closer to being solved. To the extent that Ukraine attracts attention in the West, it has usually been for its political regression under Viktor Yanukovych and his Party of Regions. However, Ukraine’s economy is deteriorating rapidly and if attempts to engineer a smooth landing fail, we could see a messy default at an extraordinarily inopportune time for the European economy."

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