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EBRD lowers Ukraine economic forecast to 11.5% 2015 decline
Journal Staff Report

KIEV, Nov. 5 - The European Bank for Reconstruction and Development has worsened its outlook for the fall of the Ukrainian economy in 2015 to 11.5%, from the June 2015 figure of 9%.

"There is cautious hope that the economy reached the bottom in the middle of 2015 and that the output level will stabilize in the second half of the year amid domestic and regional risks which remain material," the bank said it an updated forecast.




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