In its recent report the European Bank for Reconstruction and Development makes unfavourable forecast for Ukraine: Ukraine’s economic growth will be the worst one among all 27 countries of the Central and Eastern Europe.

According to the report, in 2006 this index will scale down to 1.2% which is two time less than in the previous year. Explaining the causes, EBRD points to the leaps in price for the import gas.

The slowdown of the rates of the economic growth will be typical for the Central and Eastern Europe’s economics, EBRD experts told. Russian economic growth is reported to stand at 5.5% which is 1% less than the previous one.

As a reminder, Ukraine’s GDP growth was 2.6% in 2005.


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