Article Tools

Ukraine Remains in a Recession for a Year

Published: August 20, 2013; 15:01 · (Vindobona)

In the second quarter of 2013 GDP contracted by 1.1 percent on a year-on-year comparison basis.

Ukraine Remains in a Recession for a Year / Picture: © Flickr

Highlights:

  • The Ukrainian economy remains in the recession for a year now – GDP contracted by 1.1% yoy in Q22013.
  • Budget revenue performance in H12013 has been dampened by the looming recession and introduction of import restrictions, while the improvement in Naftogas and Pension Fund finances has lowered the pressure on the fiscal accounts.
  • The balance…
This article includes a total of 799 words.

or Log In

Fast News Search
Related News
Russia Blocks Imports from Ukraine (August 16, 2013)
Ukraine: Negotiations with IMF as Last Exit (August 6, 2013)
Ukraine Looking for Alternative Gas Suppliers (July 8, 2013)
Ukraine: Imports from EU Grew Stronger than Exports (February 22, 2013)
Ukraine Faces Recession (December 8, 2012)
Read More
Ukraine, Economic Growth, GDP Gross Domestic Product, Fiscal Policy, Imports, Exports, Social Policy, Energy Policy, Energy Industry, Industrial Production, Metal Industry, Chemical Industry, Agricultural Industry, Russia, Manufacturing Industry
Featured
List of National Days of the home countries of all foreign Missions and Delegations in Vienna, Austria
See latest Vindobona Newsletter