Ukraine GDP plunges 17.6% in first quarter of 2015

GMT 12:15 2015 Friday ,15 May

Arab Today, arab today Ukraine GDP plunges 17.6% in first quarter of 2015

A Ukrainian man looks at a burnt tractor
Kiev - Arab Today

The Ukraine economy shrunk 17.6 percent in the first quarter of 2015 compared to the same period last year, sapped by continuing violence in its eastern industrial heartland, the national statistics agency said Friday.

The fall in Q1 GDP was 6.5 percent compared to the final quarter of 2014, Ukraine's state statistics service said.

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