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19 of May, 19:32

The level of the shadow economy of Ukraine in 2014 increased to 42% of GDP
According to the information received analytical overview of trends in the shadow economy, published by the Ministry of economic development and trade of Ukraine, the level of shadow economy in the country in 2014 increased by 7% to 42% of the GDP of the country.
the document notes that the reasons for this are force special operation in the East of the country, a financial instability (balance of payments deficit, price and exchange rate shocks, as well as loss of production), increasing administrative pressure and panic in the business environment, reports RIA " Novosti ".



As noted, the maximum level of "shadowing" is celebrated in extractive industries (52%) operations with real estate (49%), processing industry (46%), transport (42%), trade (41%) and construction (37%). Only in industry financial and insurance activities, and similarly in agriculture the level of "shadowing" over the past year has decreased and amounted to 27% and fifteen%, respectively. Recall, Ukraine in fact is on the verge of default. From the report of the international monetary Fund, "global financial stability", it follows that the second banks of Ukraine for the risk of loan defaults after Nigeria. The head of the National Bank of Ukraine Valeria Gontareva has recognized that the economy of her country had reached the bottom. Total debt of Ukraine is determined currently approximately $ 50 billion, in 2014 it amounted to 71% of GDP, and in 2015, according to forecasts of the national Bank of Ukraine, will reach 93% of GDP. One Of the largest creditors of Kiev - Russia, and it has repeatedly stated about the fact that he didn't want to make concessions on repayment of loans. Moscow expects Ukraine on 20 June of the next coupon payment on a two-year Eurobonds 2013 at 3 billion dollars. Meanwhile, Russia under the terms of the lending has every reason to demand early repayment of the debt, but as long as this does not.

sections: Politics

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