Ukraine suffers from COVID-19 less than many European economies – Zelensky

Ukrainian President Volodymyr Zelensky has said the domestic economy has suffered from the COVID-19 crisis less than those in many European countries.

"We have withstood the first stage and passed it with minimal losses. Yes, there is an expected reduction in the economy and GDP, but it has affected all states in the world. And compared to many European countries, our decline is smaller," he told members of the Verkhovna Rada, Ukraine's parliament, during an annual State of the Nation Address on October 20, an UNIAN correspondent reports.

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• The Ministry for Development of Economy, Trade and Agriculture estimated the drop in Ukraine's GDP at 6.5% in the first half of 2020 and at 11% in the second half of 2020.