‘Aid not enough for slumping Ukraine economy’
June 21, 2014 00:00:00
WASHINGTON, June 20 (AFP) : Ukraine's economy remains in a downward spiral and the IMF-EU rescue plan for the country is already outdated and insufficient, an economist said Thursday.
"The economy remains at a standstill" due to the fighting in the east and lack of confidence in the government's ability to settle stresses with Moscow, said economist Lubomir Mitov, a Ukraine and Russia expert at the Institute of International Finance.