Can Oil And Gas Save Europe’s Poorest Country? ...Middle East

Ukraine is now Europe’s poorest country (per capita), having overtaken the long-time leader Moldova in 2018. A country whose abundant coal reserves have spurred its transformation into the Soviet Union’s leading industrial and agricultural powerhouse has, over the course of the last 30 years, become Europe’s chronically underachieving appendage. The state of things in Ukraine’s energy sector reflects that of the economy at large – outdated infrastructure, lack of long-term investment and an unwavering penchant for…

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