Monday February 24, 2020

Tourism industry takes the biggest hit in Ukraine

Many of Ukraine's industries say they are unaffected by the crisis and hope for a fight against corruption by the new regime, writes Evan Ostryzniuk in Kiev, Ukraine.

16th March, 2014
Pedestrians walk past anti-government protesters near shops and businesses on Kreschatik street in Kiev, Ukraine. Picture: Bloomberg

Businesses in Ukraine, a nation of 46 million people wedged between Russia and Poland, are weathering the almost four-month political crisis rather well. While most industries are suffering short-term pain, they are on the whole cautiously optimistic about a prosperous future in a reformed and transparent Ukraine. Nobody is planning to abandon the country just yet.

When President Victor Yanukovych declined to sign the Association Agreement with the EU on November 26, most of the local...

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