4min chapter

Ones and Tooze cover image

Ukraine So Far

Ones and Tooze

CHAPTER

Ukraine's Economic Situation Is Getting More Serious

Russia is surviving but how is Ukraine doing at this point? I mean there's talk of reconstruction, money being gathered for that purpose. Right now Ukraine's economic situation it's social situation especially in this cold weather is getting more and more serious by the week. If we saw a 4% contraction in the Russian economy we're probably talking about a 30 to 35% contraction in Ukraine's economy. So it looks like at this point this is going to be an extended war.

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