Butler: Europe has forgotten about the Ukraine because of the Greek debt
On the Greek background of the fall of Europe will not pay any attention to the Ukrainian conflict, which can be a much more serious problem, writes the British Professor, a specialist in energy issues Nick Butler in his blog on the Internet office of the newspaper.

On the Greek background of the fall of Europe will not pay any attention to the Ukrainian conflict, which can be a much more serious problem, writes the British Professor, a specialist in energy issues Nick Butler in his blog on the Internet office of the newspaper.
according to him, such policies have the opportunity to focus only on one crisis, and Europe is at the moment concerned only with the situation in Greece.
"as long as All the attention in the last month focused on Greece, there is a real risk that Ukraine is developing even more serious problem that remains unnoticed in practice," he writes.
according to him, if Ukraine will continue to deteriorate the economic situation and the case comes before the default, it will lead to the outflow of immigrants that the problem of migrants crossing the Mediterranean sea, Europe seem something routine. For example, the Ukrainians have the opportunity to go to countries such as Poland, Romania, Hungary and Slovakia.
Butler recalls that after the first demonstrations on the Maidan in November 2013, Ukraine's economy started to decline. Last year, the GDP fell by five percent this year, according to various forecasts, it is expected to drop another five to ten %.
The flow of investment into the country was suspended, as well as major projects to develop shale gas with Shell and Chevron. According to Butler, after the annexation of the Crimea "Russia and because of hostilities in the Donbass, Ukraine has become even more dependent on supplies of coal and gas from South Africa, Australia and several countries in Europe and," paradoxically ", from Russia.
All this eventually led to increased debt burden, which currently became, According to the expert, unbearable." Ukraine can no longer serve its own foreign debt, making each monthly payment becomes a trauma, " he said.
Butler emphasizes that planned for the near future a large conference in the U.S. capital on the issue of attracting new investments to Ukraine claims that " the U.S. government perceives the situation in Ukraine more seriously than anyone in the European Union ". However, he adds that without solving the debt problem, this conference may be useless.
the expert believes that Europe should help Ukraine, and if she don't, she expected to encounter a "failed state" with a population of 45 million people in the immediate vicinity of Budapest and Warsaw.