UKRAINE AND EU: DON’T MIX FRIENDSHIP AND BUSINESS

West European economies are now booming after the memorable 1997-1998 crisis, when the world was staggered with financial breakdowns in Eastern Asia, Russia, and Brazil. The European Commission estimates that the rates of economic growth will reach 3% in

FACTS, FIGURES, AND WARNINGS

In 2000, for the first time since Ukraine has become independent, the national GDP grew by 6%. Even greater recovery is expected in 2001 accompanied with two-digit investment growth rates and inflation rates falling below 10%. Economists with the Prospect