Stagnation Ahead

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Rather confusing signals for the Ukrainian economy emanated from the first months of this year. On the one hand, resource prices strengthened, meaning that deeper economic decline is unlikely. On the other, a corruption scandal involving President Petro Poroshenko’s cronies has effectively blocked Western support, and has created yet another domestic political crisis.  More about economic perspectives, please, read at our last quarterly report “Stagnation Ahead”. The full report could be obtained through subscription at Global Source (   Trial access is available.

March 31, 2016