Publication

At the beginning of 2013, the Ukrainian economy will probably enter into recession. In order to encourage economic growth, the Ukrainian leadership is seeking loans from abroad whilst also avoiding the implementation of reforms aimed at the improvement of the country’s investment climate. Taking into account the increasingly difficult cooperation of Ukraine’s authorities with the European Union, the authors argue that Member States should focus on the support of small and medium-sized enterprises as well as actions that support and the promotion of the benefits of the reforms.