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May 8, 2014

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Ukraine's collapse may pull down Europe

Obviously, the chaos, swept current Ukraine, will be only in progress there. Moreover, as the political instability in eastern provinces of that country escalates every day now, the whole business situation there can not change for the better in the near future. And there is no surprise that mоst of my European business colleagues, closely connected with their Ukrainian partners, in increasing frequency voice great concerns over further investing their joined economic projects there. They see no point in it any longer as their business only sustains great losses because of the chaos, prevailed in everything there now! I also consider that it is high time for us to stop supporting Ukraine financially in conditions when we suffer from own economic and financial difficulties.  (May 8, 2014 | post #1)