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Current situation in Ukraine

A prolonged crisis in Ukraine began on 21 November 2013, when then-president Viktor Yanukovych suspended preparations for the implementation of an association agreement with the European Union. This decision resulted in mass protests by its proponents.
After months of the protests and murdering of more than 100 people by police in Kiev, president was ousted by the protesters on 22 February 2014. Following his ousting, unrest enveloped the largely Russophone eastern and southern regions of Ukraine, from where he had drawn most of his support.
An invasion by Russia in Ukrainian autonomous region of Crimea resulted in the annexation of Crimea by Russia. Starting on February 2014, pro-Russian armed men gradually began to take over the peninsula, provoking protests. Russia initially said that these uniformed militants, were "local self-defence forces". However, they later admitted that these were in fact Russian soldiers without insignias. In the end of the month, the Crimean parliament building had been seized by Russian forces. Russian flags were raised by a self-declared government over this building.
Following its annexation of Crimea, Russia intervened in different ways throughout the war in the Donbass region. Reports and statements by the US State Department repeatedly accused Russia of orchestrating the April unrest across eastern and southern Ukraine. As the unrest escalated into a war in Donetsk and Luhansk oblasts, Russia supplied arms, armoured vehicles, tanks, and other equipment to the forces of the DPR and LPR. A significant number of Russian citizens and military men have fought in the war as volunteers, something that the leaders of the DPR and LPR admitted.

The United Nations observed an "alarming deterioration" in human rights in territory held by insurgents affiliated with theDonetsk People's Republicand Luhansk People's Republic. The UN reported growing lawlessness in the region, documenting cases of targeted killings, torture, and abduction, primarily carried out by their forces.

According to the United Nations Office for the Coordination of Humanitarian Affairs (OCHA), the number of documented deaths caused by the war was at least 9,167 as of mid-February 2016. Ukrainian government forces have lost a confirmed total of 2,790 killed servicemen as of late January 2016.

Ukraine claimed 7,577–14,600 separatists have been killed and 12,000 missing during the fighting.
In addition, 304 foreign civilians have died: 298 passengers and crew of Malaysia Airlines Flight 17.

As a result:
• More than a million people have been displaced by fighting between government forces and Russia-backed separatists;

• Core Inflation Rate in Ukraine 47.10 %;

• The middle wage in Ukraine is 161.5 USD/Month (the minimum wage is 51,03 USD/Month);

• Ukraine's currency has lost 337% of its value over the past two years;

• About 60 of the 180-odd banks that existed before the crisis have been shut down.

 

Key Macroeconomic Indicators

Year 2013
2014
2015
External debt, % GDP 78.6 97.6 175.6
Public and Guaranteed Debt, % 40.6 70.3 88.3
GDP deflator, % change 3.1 14.8 38.0
CPI, % change eop 0.5 24.9 32.0