BMI View: The Ukraine-Russia conflict has become somewhat frozen with skirmishes between Ukrainian
forces and pro-Russian separatists flaring up every so often despite the ceasefire. Although Russia's
attention has turned inwards and to de-escalation, we do not expect ..."
BMI View: We expect Ukraine to spend USD3.2bn on defence in 2015, a noticeable decline from previous
years, despite the ongoing security situation. We expect Ukraine to spend less than USD4bn a year on
defence through to 2018, rising to USD4.2bn in 2019.
As a re ..."
Overall, defence and security risks are likely to rise in the near-future for Ukraine as the country teeters on
the brink of revolution. Internally, ongoing resistance to the government's decision to walk away from an
Association Agreement with the EU continues to rag ..."