Ukraine's GDP drops by 7% in 3d quarter

This is reported by the Ekonomichna Pravda (Economic Truth) Ukrainian media outlet, citing the data of the State Statistics Service. "At the same time, the gross domestic product in Ukraine grew by 0.7% compared to the second quarter of 2015 and taking into account the seasonal factors," reads the report. As reported, the decrease in gross domestic product of Ukraine in the second quarter of 2015 compared to the second quarter of 2014 was 14.7%. As reported, the European Bank for Reconstruction and Development downgraded the prospects for the Ukrainian economy collapse in 2015 up to 11.5% from the level of 9%, named in June of this year.