Ukraine’s economy has improved significantly since the crisis it was caught in after Russia annexed Crimea in March 2014. As a result of the war that broke out in the eastern parts of the country, Ukraine lost important industrial territories, which in 2012 generated as much as 15.75 per cent of its GDP. It was also forced to quickly and radically increase military spending. Not surprisingly, in 2014 – the year of the most intense military activity in Donbas – the Ukrainian economy was in trouble.
March 4, 2019 - Paweł Purski