KIEV, Aug. 31 – Ukraine should develop domestic production and domestic consumption in order to tackle its economic crisis, according to Arseniy Yatseniuk, leader of NGO Front of Changes said live on regional radio in the town of Pavlohrad in Dnipropetrovsk.

"We were hit by the crisis just for one reason – we have no domestic market. We attracted foreign loans, gave these loans to Ukrainian banks, and the Ukrainian banks took these funds and gave them as loans to Ukrainians. We raised these loans as individuals and then sent this money abroad through the purchase of imported goods. That's why, Ukraine has been financing foreign economy over the last five years," Yatseniuk said.