Economic Research Consultant at the Razumkov Centre Volodymyr Sidenko told the BBC news agency about the economic collapse in Donbas and how it threatens Ukraine’s security.
There has been a major degradation process, due to which the economy of the region was thrown several decades back. Many of the enterprises that have stopped will not come back to life. Some of them are materially outdated, others lost markets – mostly Russian – and need either closure or significant investment to refocus. However, nobody will do that during the war.
In fact, simplified economic activities with strict administrative decisions and grants from Russia …read more
Source: Razumkov Centre