If the government continues to pile up debt without necessary reforms, it will set its economy on the road to ruin.

Franklin Templeton, a big US money manager known last minute bets in the sovereign debt market, has appeared to be the dominant bankroller of Ukraine despite the country teetering on the edge of an economic crisis, The Financial Times reports.

Having survived a harsh liquidity crunch last year, the Ukrainian banking system now seems fairly stable. This impression is misleading

President of the Association of Ukrainian Banks on why foreign banks are leaving Ukraine, local ones are in danger and the NBU is turning a blind eye to all this

Ukraine’s seemingly falling foreign trade deficit hides growing negative trends in the economy

The Ukrainian government is likely to take radical steps to close the budget gap

Austerity measures aggravate the troubles of European economies