Ukrainian Vice-Premier Serhiy Tihipko has advised Ukrainians not to hurry to sell their savings in euros. He said this in an interview with the Komsomolskaya Pravda v Ukraine newspaper.

"At the consumer level, I would advise [Ukrainians] not to hurry to sell the euro. There is every reason to believe that the euro will remain at USD 1.20/EUR 1 and in time strengthen its positions. The current state of the euro will retain by the end of this year," Tihipko said, UKRINFORM reported.

"As for Ukraine, then, of course, there are certain risks for us, because foreign trade with the euro area is over 30 percent. And European goods are currently getting advantages that could worsen our positions, because Ukrainian goods are becoming less competitive," he added.

Asked when the government will begin to take "unpopular measures" to tackle the crisis, Tihipko said: "We will have to take certain unpopular measures next month."

At the same time, in his opinion, "the fight against corruption, a reduction in the number of checks on businesses and other similar measures will be unpopular among officials, but they will get support among the public."

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