Ukraine growth hopes shelved: World Bank
KIEV, Oct. 2 - Ukraine's military conflict with pro-Russian separatists in the industrial east will force the Kiev government to shelve hopes of resuming economic growth until 2016, the World Bank said on Thursday.
The international lender said Ukraine's economy was likely to shrink by 8% this year and contract further in 2015 because of the effect of the war in the east, the center of much of its steel, chemicals and coal output. |