Submitted by christian on Tue, 02/03/2015 - 15:38
Ukraine's outlook for 2015 is grim. The military conflict between the government and pro-Russia separatist rebels has had a devastating impact on the country and a resolution seems far off. Since the onset of the conflict the economy has entered into a downward spiral as it has faced sharp contractions in economic activity coupled with skyrocketing inflation. Serious damage has been inflicted to Ukraine's industrial heartland in the east of the country. Luhansk and Donetsk normally account for 16% of Ukraine's GDP, supply 95% of its coal and produce a big chunck of exports.
