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International group is formed to help kick-start the Ukraine economy

2015-03-06 5 Dailymotion

A new group comprising international statesmen, trade unionists and employers has been formed to help Ukraine kick-start its economy which is on the verge of collapse.<br /><br /> With soaring inflation, tumbling GDP and a currency whose value is plummeting, their task is to come up with a billion-dollar reconstruction plan aimed at attracting foreign investment.<br /><br /> Ukraine is in a “Catch 22” situation. The crisis means business desperately needs investment, but it also means that foreign investors are reluctant to put their cash in.<br /><br /> “The most important asset of Ukraine is the people. And the human resources are absolutely fantastic and the talent and the education background are quite famous,” explained Laurence Parisot, former President of the Mouvement des Enterprises de France (MEDEF) <br /><br /> Put together in Vienna by the controversial Ukrainian businessman Dmytro Firtash, the Agency for the Modernisation of Ukraine is made up of former figures from the world of European politics and includes pr

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