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Ukraine’s economy shrank 15.1 percent from a year earlier in the first quarter of this year, according to preliminary figures from the state statistics institute. It is the first official reflection of the economic damage caused by Russia’s invasion in late February. GDP rose 6.1 percent in the fourth quarter of last year. Russia now occupies 20 percent of Ukrainian territory and severe battles continue in the country’s eastern provinces, while grain exports have been blocked. The World Bank has estimated that Ukraine’s economic output could slump by 45 percent this year. The National Bank of Ukraine bought 70 billion hryvnia (US$2.4

Ukraine generalMariya gabrielNational bankEu european innovation councilEuropean commissionWorld bankUkrainian ministryInnovation councilYouth mariya gabrielThe taipei times