The EU economy may not be in the best shape, but Ukraine will not be abandoned
As Russia continues to bomb Ukraine’s power grid and destroy its infrastructure, the country’s economic projections for 2023 are devoid of optimism. For the country to survive, it needs economic assistance from abroad – and this is where matters get complicated. While Brussels recently gave the green light to the long-awaited macro-aid package worth 18 billion euros, the latest economic forecasts also spell trouble for EU economies, with the eurozone’s GDP growth expected to slow to 0.3 per cent.
February 16, 2023 - Lesia Dubenko