The spate of bad economic news in Russia has led Moscow to try again what it has done so often in the past: tell Russians that no matter how bad things are in their country, the situation in the “non-existent state” of Ukraine is worse. But now, Moscow has a problem: the situation in Ukraine isn’t worse but better, economist Vladislav Inozemtsev says.
Despite all the problems economic and otherwise Ukraine faces, the Moscow analyst says, in the second quarter of this year, Ukraine had the highest rate of GDP growth in the last three years (4.6 percent), salaries rose by 10 percent, capital investment by 17.8 percent, and construction by 21.2 percent.