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Ukraine threats: war and default


With the hryvnia that has lost more than half of its value, the shrinking GDP and the rising costs of the war, Ukraine is on the brink of the default. The country have money for just a week, according to The Economist, while the aid offered by Europe and US are a drop in the ocean of the 15 billion dollars needed for the rescue. Meanwhile, Russia could play its cards.

With the hryvnia that has lost more than half of its value, the shrinking GDP and the rising costs of the war, Ukraine is on the brink of the default. The country have money for just a week, according to The Economist, while the aid offered by Europe and US are a drop in the ocean of the 15 billion dollars needed for the rescue. Meanwhile, Russia could play its cards.

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