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‘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June 20 (AFP) :  Ukraine's economy remains in a downward spiral and the IMF-EU rescue plan for the country is already outdated and insufficient, an economist said Thursday.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.


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