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Central bank governor estimates real GDP decline in Ukraine in 2014 at 7.5% amid double devaluation

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Dec. 30, 2014, 11:40 a.m. | Business — by Interfax-Ukraine

Governor of the National Bank of Ukraine (NBU) Valeriya Gontareva estimates real GDP decline in Ukraine in 2014 at 7.5% amid double devaluation.
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The real decline in Ukraine's gross domestic product (GDP) in 2014 was 7.5% amid the double devaluation of the national currency due to the accumulation of previous years' macroeconomic imbalances, the annexation of Crimea and the hostilities in Donbas, Governor of the National Bank of Ukraine (NBU) Valeriya Gontareva said.

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