KIEV, Feb. 4 – The downturn in Ukraine could bottom out in the middle of Q4, although only if the anti-crisis measures put in place are revised, according to Valeriy Lytvytsky, head of the group of advisors to the National Bank's governor.
"It's possible to prevent the economy entering a new long depression. The previous one continued for ten years: from 1990 to 1999. The present anti-crisis measures should be radically revised in order not to allow a remake of the 1990s," he said.
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