Still on the edge
The economy, although improving, remains in a parlous state
ON THE face of things, the worst is over for Ukraine. A ceasefire seems to be holding in the war that has left forces backed by Russia in control of much of the east of the country. The IMF has found a way to keep providing Ukraine with a financial lifeline, side-stepping a dispute with Russia that had threatened to sever it. The economy, which has shrivelled by about a fifth since 2013, even grew by 0.7% in the third quarter, relative to the second (see chart).
This article appeared in the Finance & economics section of the print edition under the headline “Still on the edge”
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