Friday, June 10, 2016

Ukraine faced with severe business depression

Bad news is that Ukraine has been faced with the severest business depression since the world crisis of 2008. Private business people and farms decreased in number by 27.5% and 12% respectively in 2014 alone.

More than 32% of state-owned enterprises disappeared into thin air in this country. As far as foreign investors are concerned, only 676 foreign companies remain in Ukraine today, compared with 2,000 in 2014.

It is clear that the American puppet government continues to struggle against the real sector of the economy, destroying the economic potential of this country. According to Alexander Okhrimenko, president of the Ukrainian Analytical Center, without the free trade area with the Russian Federation, Ukraine’s machine-building and chemical industries will suffer heavily.

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