"The warnings in Ukraine verged on the apocalyptic when Russia sharply raised prices for natural gas a year ago...But Ukraine's economy leaped ahead, its businesses quickly adapting to the higher costs....unlike Belarus, whose economy is mostly state-controlled, Ukraine's economy was open and flexible when the gas increases hit. And unlike Georgia, Ukraine has diversified industry and alternative resources to fall back on."
Ukraine's economy proves it can survive — and flourish — despite gas price hike.
(Thanks Igor)
Jan 11, 2007
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment