The Institute for Economic Research and Policy Consulting – Kiev

Machine building sector in Ukraine is facing a difficult situation. Recent research showed that machine building is most heavily exposed to the Russian market in terms of the percentage of output exported to Russia.

When the new president was elected and new government appointed, the legitimacy of the Parliament which fulfilled every whim of Yanukovych came into question. One of the main promises of Petro Poroshenko during his presidential campaign was to call for early Parliamentary elections with open lists.

The Institute revised downwards the forecast for 2014 and 2015 to take into account increasingly devastating effects of prolonged military conflict in Donbas.