wiiw Forecast Reports
UKRAINE: A ‘deep free trade’ EU partner
in: Growth Stabilises: Investment a Major Driver, Except in Countries Plagued by Recession
wiiw Forecast Report No. Spring 2016, March 2016 , pp. 134-138
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Barring a resumption of large-scale fighting in Donbas, the economic decline has now most probably bottomed out. However, given the depressed domestic demand and the new restrictions on trade with Russia, which will not be offset by the newly established ‘deep and comprehensive free trade’ area with the EU, we forecast zero growth for the current year, followed by gradual acceleration to around 2% over the period 2017-2018.
Countries covered: Ukraine