Ukraine’s Economy Woes as Crisis Deepens

Global Business

As the Ukraine crisis drags on, the economy is coming under more pressure. For Ukrainian students, business owners and retired people the cost of living is getting more expensive by the day.

Michal Bardavid reports from Kiev.

Ukraine\'s Economy Woes as Crisis Deepens

As the Ukraine crisis drags on, the economy is coming under more pressure. For Ukrainian students, business owners and retired people the cost of living is getting more expensive by the day. Michal Bardavid reports from Kiev.

Europe currently gets about a quarter of its gas from Russia, but half of that passes through Ukraine. In 2006 and 2009 Russia cut supply lines to Ukraine, which had a knock on effect all across Europe. And with unrest in Ukraine worsening, Turkey may step in to help. Natalie Carney reports.

Turkey as a Regional Natural Gas Hub

Europe currently gets about a quarter of its gas from Russia, but half of that passes through Ukraine. In 2006 and 2009 Russia cut supply lines to Ukraine, which had a knock on effect all across Europe. And with unrest in Ukraine worsening, Turkey may step in to help. Natalie Carney reports.

Europe is exploring how to pump more gas to Ukraine joining us now to discuss further is
Kent Moors, professor at the Department of Political Science at Duquesne University. He is also president of ASIDA, Inc, a global oil and gas consulting firm and the founder and editor of The Oil and Energy Investor.

EU Frees Gas for Kiev

Europe is exploring how to pump more gas to Ukraine joining us now to discuss further is Kent Moors, professor at the Department of Political Science at Duquesne University. He is also president of ASIDA, Inc, a global oil and gas consulting firm and the founder and editor of The Oil and Energy Investor.