Tymoshenko compared the crises in Russia and Ukraine.

KommentariiSamy cold mesyats20.02.2009Yanvar turned to the economy of the Russian Federation worst month for many godyNa dne17.02.2009Ukraina classify data on GDP and reported on the decline promproizvodstvaPremer Minister Yulia Tymoshenko urged politicians not to speculate on figures the country's economy, noting that the fall promproizvodstva in Russia has proved even more than in Ukraine. Prime sends UNIAN.
According to Tymoshenko, in Russia the fall of industrial production amounted to 19.9 percent, in Ukraine - 16,1 percent, while in Kazakhstan - 10.4 per cent. The Prime Minister did not specify for how long it has statistics, but, according to data of statistical services of Russia and Ukraine, Tymoshenko was referring to the fall promproizvodstva in January compared with December 2008.
However, if the rate of fall promproizvodstva from year to year, while Ukraine will be the leaders. In January 2009, the rate in Ukraine fell by 34.1 percent compared to the same period a year earlier. At the same time, Russia has been falling by 16 per cent.
Reducing the basic macroeconomic indicators in Russia and Ukraine is connected with the global financial crisis, which sharply reduced the demand for basic export commodities of these countries. In addition, significantly decreased and the cost of the goods. On the situation in Ukraine in particular has affected the decline in prices for metals, but in Russia - oil.
The financial crisis has led to a shortage of liquidity in the banking systems of both countries and the authorities were forced to go to the devaluation of national currencies against the dollar and euro.