Media: Ukrainian default will hit Europe stronger Greek

In the light of further lending to Greece forgot all about Ukraine, but at the same time, the economy in this country leaves much to be desired, the default Ukraine increases the probability of the cast to much more serious consequences than the Greek crisis, writes The financial times.
If not to help the Ukrainian authorities to prevent economic catastrophe, the EU will arise a failed state, and Thousands of Ukrainians will begin to immigrate to neighboring European countries, writes The financial times, the publication of the newspaper is quoted by RT.
thus, according to the analysis of the journal's analysts, private external debt of Ukraine to pay no longer able, and currently she is on the verge of default. If this happens, the country will lose the opportunity to take fresh loans. Investments in the industrial sector will also stop, and they are extremely necessary for Ukraine in order to stop the decline of the economy. However, the termination of the lending and investment ? not the only consequence of default. Thousands of Ukrainians will begin to immigrate to neighboring Poland, Slovakia, Romania and Hungary, and to cope with this Europe ? is difficult to predict, concludes the Creator of the article. Ukraine is now in a serious political crisis, which affects its economy and the public sector, in fact the country is on the verge of default. Prime Minister of Ukraine Arseniy Yatsenyuk stated before that in 2015, the country faces the challenge to " survive ". According to the report " the Millennium development Goals Ukraine: 2000?2015 ", presented on 6 July in the process of the round table in Kiev, the level of poverty in Ukraine in 2015 will reach 33%. As was stated by the leader of the public movement "Ukrainian choice" Viktor Medvedchuk, the highly professional efforts of Russian and foreign reformers-integration of Ukraine brought to the pre-default wealth. 30 June The Economist has described Ukraine as the worst economy in the world. This verdict was made after comparison of countries by GDP growth. According to these data, since April of last year, the Ukrainian economy contracted by 6, 5%. 2nd place went to Libya with a decrease of 6, 4% 3-m ? Macau, which GDP dropped by 6%. In fourth place, Equatorial Guinea with a decrease in GDP by 5, 5%. Fifth place was taken by Russia, whose economy in one year decreased by 4%. Ukraine is now in fact remains on the brink of default. From the report of the international monetary Fund that second banks of Ukraine for the risk of loan defaults after Nigeria. The total debt of Ukraine is defined in $ 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. In addition, the world Bank has lowered its forecast of a fall of the Ukrainian economy this year with a 2, 3% to 7, 5%. The head of the National Bank of Ukraine Valeria Gontareva has recognized that the economy of her country had reached the bottom.


sections: Politics