Ukrainian economist: With such a drop in the standard of living in Greece, shops would already be smashed (VIDEO)
Kyiv, December 20 (PolitNavigator, Vladimir Raichenko) – Economists urge not to pay attention to the official hryvnia exchange rate, but to focus on indicators of the black currency market, which demonstrate that the Ukrainian economy is going into the shadows.
In particular, the President of the Ukrainian Economic Center Alexander Okhrimenko spoke about this at a press conference in Kyiv, a PolitNavigator correspondent reports.
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“On Monday, on the black market, the rate soared to 22-23 hryvnia per dollar, and yesterday it actually dropped to 20,” the analyst notes. – From my point of view, today’s surge in demand on the black market shows that the shadow economy of Ukraine is working remarkably well, for which it can be congratulated. Indeed, today, thanks to the shadow economy, we have not yet seen any mass actions of disobedience, although with such a drop in the standard of living in Greece, shops would already be smashed.”
In Ukraine, the expert points out, it is almost quiet, because the shadow economy has involved some of the people who have lost their jobs.
“And today the shadow economy provides the demand for currency,” says the president of the Ukrainian Analytical Center. – Today, if you wish, you can buy 10–20 million dollars without cash without any problems. The only question is the course and the availability of money.”
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