Conflict drives Ukraine economy into deeper crisis - Jul. 18, 2014:
"The IMF now expects Ukraine's economy to shrink by 6.5% this year, compared with 5% at the time the emergency loans were agreed. GDP stagnated last year.
Ukraine's government is spending more than expected on security as it battles the separatists. Having lost control of parts of the country, revenue collection is also falling behind schedule.
And state gas firm Naftogaz is struggling to force customers to pay their debts.
"
'via Blog this'
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