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Wall Street Journal: Large Ukraine wage increases could spur inflation, job cuts
"If the social standards law is implemented as voted, it could cost as much as 7% of [gross domestic product] in 2010, which is totally unsustainable," IMF Ukrainian mission chief Ceyla Pazarbasioglu said in an interview with the Fund's Survey magazine.

Wall Street Journal: Large Ukraine wage increases could spur inflation, job cuts

November 04 at 21:49
The International Monetary Fund's Ukrainian mission chief says boosting public-sector wages and pensions by more than 10% could stoke inflation or necessitate significant job cuts. Read the story here.

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