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 Ukrainian Politics, Economics
  4907

 Azarov to Ukrainians: Crisis Can Go On For 10 or even 20 Years. But Don't Panic

Prime Minister Mykola Azarov calls on Ukrainians not to panic in case of crisis occurences in the country's economy.

During a phone session in the Komsomolskaya Pravda he said: "One of the components of a crisis is panic and we saw it in 2008 when these moods were encouraged and we saw what it came down to. That is why we should not give in to panic moods and follow so-called fake analysts and experts."

The Prime Minister noted that these so-called experts have been predicting a crisis ever since this government took office. "It did not happen then and it will not happen now. And this is the most important thing. Small losses may occur but the government's job is to take on these loses and make sure that people are not influenced by them," continued Azarov.

Nevertheless, the Prime Minster said that the crisis that started in 2008 is still continuing. "And according to a number of leading economic experts this wave will continue for at least 10, and according to some - 20 years," said Azarov.

He stressed that it is hard to say at what stage of the crisis the world eonomy is now.

 
 
 
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