Ukraine's Economy: Where from and Where to?

... to obtaining loans from the IMF. Loans have been granted by the World Bank, the EU, the European Investment Bank and the European Bank for Reconstruction and Development. Taking out loans at such a speed also enhances the risk of the country’s default. In 2015, Ukraine will have to pay 11 billion dollars to discharge its debts, including 3 billion dollars to Russia. Any reforms that the government puts into practice or pushes through are unlikely to win support among the population. Domestic gas prices have nearly tripled, there are fewer hospitals open, and reforms to the pension system against the backdrop of the national ...