Over the past few months Ukrainian society has changed dramatically: Ukrainians have realized their own strength and potential, and are marshalling it to confront a clear external enemy. In light of recent turbulent developments economic problems are aggravating and we project GDP 4.0% y/y contraction through. However, disregard internal troubles this time Russia appears to be the main problem of Ukraine. More about economic perspectives, please, read at our last quarterly report “Girding for War”. The full report could be obtained through subscription at Global Source (www.globalsourcepartners.com). Trial access is available.