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Up to 80% of industrial enterprises in eastern Ukraine halted - economics ministry

KIEV, October 7. /TASS/. Only 20% of industrial enterprises are running in the Lugansk and Donetsk regions in eastern Ukraine, Ukrainian Deputy Minister of Economic Development and Trade Roman Kachur said on Tuesday.

“From 50 to 80% of industrial enterprises in eastern Ukraine are not operating,” he told a briefing.

In Luganks, he said, 19 out of 23 systemic enterprises are not operating. In Donetsk, production slumped by 50% in July-August 2014 on July-August 2013.

The country’s GDP demonstrated a 4.6% decrease in the first and second quarters of the current year. “This tendency will stay in place throughout the third and fourth quarters due to a slump in production and consumption,” Kachur said.

On October 6, governor of Ukraine’s National Bank Valeria Gontareva said that the bank’s forecast for the GDP growth was “minus 8.3%