German and Czech moves to welcome more Ukrainian workers could undermine economic growth in Ukraine

Thursday, January 17, 2019
German and Czech moves to welcome more Ukrainian workers could undermine economic growth in Ukraine

German and Czech moves to welcome more Ukrainian workers could undermine economic growth in Ukraine, the National Bank of Ukraine warns in a list of external and internal risks to Ukraine’s economy in 2019. “Further wage growth and a local shortage of skilled workers…holds back potential economic growth, and also exerts pressure on the level of prices in the economy,” the central bank warns in its 2019 ‘Action Plan.’

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