Economist: the Russian economy is recovering, Ukrainian Vice versa
The closest economic Outlook for the Russian Federation looks much more optimistic than for Ukraine, says.

The closest economic Outlook for the Russian Federation looks much more optimistic than for Ukraine, says.
Even just not long ago, the financial position of the pair of countries - Russia And Ukraine - looked shaky. Now one of these pairs of countries are feeling much better. Surprisingly, not that which is now received $25 billion under the guarantee of the West, And the one which fell under Western sanctions, writes printed illustrated edition.
for six months the ruble has lost 30% of the price. Most economists believed that the situation in Russia will worsen. But for the last 3 months, the ruble gained ground on thirty percent, the Price of government bonds has increased steadily, the Central Bank reduces interest rates, And investor sentiment is changing for the better for the Russian Federation. Gold and exchange currency reserves of Russia is still quite large. Most optimists believe that the Russian economy just underestimated - it has proved more resilient than expected in the West.
The prospect also looks good. U.S. And European penalties lose the sharpness. Those that were imposed by the EU, is over at the end of July, And to make all 28 member States of the EU voted for their prolongation is an unattainable goal, stresses the magazine.
Besides, prices for petroleum products stopped "acrobate" that brings stability in the Russian economy.
in Ukraine, everything looks much more alarming. The hryvnia rose slightly last month (apparently, due to the achievement of the Minsk agreements), But still the rate is 30% lower than at the beginning of the year. Confidence in the Ukrainian economy in the world as there was not. The country is sinking deeper into crisis of non - payments By the end of April the State export-import Bank of Ukraine is obliged to pay $750 million And the rules put forward by the IMF, such as a significant reduction in public expenditure, have the ability to lead To a further worsening of economic issues.
The near future looks pretty bleak, says the magazine. Investment ratings of the country are reduced. Foreign currency reserves are rapidly depleted. But the worst: the IMF insists that Kiev By June showed agreed with creditors a program of restructuring its debts. There is a very big risk not to have time And Ukraine will be forced to agree to write-off much smaller amounts than is needful for the salvation of the economy, predicts the Economist.