Neither the international monetary Fund Nor the EU will Not be able to save for the fact bankrupt Ukraine, said the Agency German economist, Professor Emeritus of the University of Hamburg Heiner Flassbeck.

As in the case of Greece, the IMF will require Ukraine structural reforms, which, As a rule, completely destroy the economy of the country, explains the Flassbeck." in Ukraine, we see a policy of suicide. Interest rates were increased To 30% in an attempt to stop the fall in the exchange rate. Of course, For the state, which is already in recession, this is absolute madness, " - said the economist. The IMF sees it, But it is Not it means that he will help Ukraine, he says.

According to the Flassbeck, the IMF is an instrument of industrial countries ", his actions only turned catastrophes. But Europe Until Not ready to realize it, makes conclusions German economist.

Will not be able to help Ukraine and the EU, which itself is in dire economic Straits, the economist believes." the EU is also no strategy. What they brought their own countries - Spain, Portugal, Greece?" says Mr Flassbeck your look.

in addition, the economist told his opinion on the issue of the deterioration of relations between Ukraine and Russia.

"For Ukraine it will be another disaster if Russia and the truth will completely abandon trade contacts with her," he said, explaining that regard, which functioned for decades, is Not so easy to compensate for Western structures.

The increase of the national Bank of Ukraine discount rate from 19, 5 To 30 percent of the Flassbeck considers the actual declare bankruptcy. For the state it is in some way means parting with the ability to return to a normal way of development, says the specialist.

The IMF Board of Directors blessed before the four-year program of financial assistance to Ukraine in the amount of 17, 5 billion. Later, the Minister of Finance of Ukraine Natalie Jaresko said To stabilize the economy the country needs more financial support.

sections: Politics