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The latest business and finance news from around the world, on the BBC

The latest business and finance news from around the world, on the BBC.

World Business Report: Ukraine economy 'could shrink by 8%'

02/10/2014

Ukraine economy 'could shrink by 8%'

BBC World Service - World Business Report, Ukraine economy 'could shrink by 8%'

Unrest in Ukraine could be doing more economic damage than previously thought.

Unrest in Ukraine could be doing more economic damage than previously thought, the World Bank says. Plus, markets react badly to the latest plan from the European Central Bank.

The World Bank says the economic damage wrought in Ukraine over the crisis in the east of the country could be much worse than previously thought. We hear from Olena Bilan, a Ukrainian economist at Dragon Capital in Kiev. The European Central Bank pledges more help to try and stabilise the struggling eurozone, but the markets don't think it's going far enough. And finally we pay tribute to a wonderful colleague, Mark Whittaker, who has died at the age of 57.

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