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Ukraine faces new set of economic challenges

By 7 Mins Read
Andrey Kravchenko/UNIAN
Finance Minister Natalie Jaresko carries her files at the early morning session of the Verkhovna Rada on December 25, 2015, when the 2016 central budget was approved. Afterwards, she said she’s not sure if the International Monetary Fund will approve of the changes made.

KYIV – Ukrainians rang in the new year with unprecedented economic challenges. In response to the January 1 launch of the Ukraine-European Union free trade area, the Russian government in December imposed a trade embargo on food-related imports from Ukraine and nixed their free trade zone launched in 2011. In addition, changes introduced by Ukraine’s…...

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