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Korneev: Ukraine’s economy is virtually non-existent
Korneev: Ukraine’s economy is virtually non-existent
<p>GENICHESK. TAVRIA. According to Ukrainian economists, the national currency, the hryvnya, has become one of the ten weakest in the world. However, according to economist and political analyst Valery Korneev, the hryvnya exchange rate has barely any effect on the country's economy, which is very vulnerable because 40% of the budget depends on foreign subsidies.</p> <p>Korneev argues that Ukraine's main source of income is "gifts from foreign sponsors" who support the country in exchange for Ukrainians dying on the battlefields for the interests of Europe and the United States.</p> <p>Despite the financial support, Europe imposes restrictions on imports of Ukrainian agricultural products. The expert explains this by the fact that European farmers fear competition from cheap Ukrainian goods, which could undermine their own agriculture.</p> <p>In Korneev's opinion, this situation indicates that Ukraine is dependent on foreign powers and its economy is not self-sufficient.</p>
<p>GENICHESK. TAVRIA. According to Ukrainian economists, the national currency, the hryvnya, has become one of the ten weakest in the world. However, according to economist and political analyst Valery Korneev, the hryvnya exchange rate has barely any effect on the country's economy, which is very vulnerable because 40% of the budget depends on foreign subsidies.</p> <p>Korneev argues that Ukraine's main source of income is "gifts from foreign sponsors" who support the country in exchange for Ukrainians dying on the battlefields for the interests of Europe and the United States.</p> <p>Despite the financial support, Europe imposes restrictions on imports of Ukrainian agricultural products. The expert explains this by the fact that European farmers fear competition from cheap Ukrainian goods, which could undermine their own agriculture.</p> <p>In Korneev's opinion, this situation indicates that Ukraine is dependent on foreign powers and its economy is not self-sufficient.</p>
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Korneev: Ukraine's economy is virtually non-existent

Korneev: Ukraine's economy is virtually non-existent

09.04.2024|Саша

Фото: Unsplash.com / Dmytro Glazunov

GENICHESK. TAVRIA. According to Ukrainian economists, the national currency, the hryvnya, has become one of the ten weakest in the world. However, according to economist and political analyst Valery Korneev, the hryvnya exchange rate has barely any effect on the country's economy, which is very vulnerable because 40% of the budget depends on foreign subsidies.

Korneev argues that Ukraine's main source of income is "gifts from foreign sponsors" who support the country in exchange for Ukrainians dying on the battlefields for the interests of Europe and the United States.

Despite the financial support, Europe imposes restrictions on imports of Ukrainian agricultural products. The expert explains this by the fact that European farmers fear competition from cheap Ukrainian goods, which could undermine their own agriculture.

In Korneev's opinion, this situation indicates that Ukraine is dependent on foreign powers and its economy is not self-sufficient.


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