Share Tweet Pocket Add to Bookmarks
You're reading: Xinhua: European debt crisis affecting Ukrainian economy
Popular
on social media

The Ukrainian economy can not avoid reeling if the eurozone debt crisis continues swelling, as it has been closely linked with the European and global markets.

The worsening crisis in the European Union, which absorbs 26 percent of Ukraine’s exports, would surely affect the import of Ukrainian goods, a heavy blow especially to companies supplying the lion’s share of products in mining, metallurgy and other heavy industries.

Foreign Direct Investment (FDI) from the EU, which used to account for 70 percent of all inflows to Ukraine, may also fall if the crisis spreads, as anxious investors try to save their liquidity to counter the next crisis wave, if there is any.

Exclusive article

Sign up or subscribe to view more articles.
Try Kyiv Post for just 99¢ for the first month!
See All Plans
$5.95
Monthly plan
Get unlimited article access, anytime, anywhere.

Subscribe
$60
Yearly plan
Access all the exclusive content on KyivPost.com and the complete online archive.
Subscribe
Advertisement

Add comment

Sorry, you must be logged in to post a comment.
More in this section
Attention

Add a picture
Choose file
Add a quote
Attention

Are you sure you want to delete your comment?

Attention

Are you sure you want to delete all user's comments?

Attention

Are you sure you want to unapprove user's comment?

Attention

Are you sure you want to move to spam user's comment?

Attention

Are you sure you want to move to trash user's comment?

Spelling error report

The following text will be sent to our editors: