Ukraine's previously unstable political situation caused various problems for the economy. When Victor Yushchenko came into power several reforms took place and Ukraine's economy grew some 12.1% in the year 2004. Unfortunately high oil prices as well as an increase in inflation caused the economy of Ukraine to slow down in 2005.
- Cherkasy Oblast
Though not every city in Ukraine is large and full of life, even the smaller ones usually have at least something to offer visitors. They may not have stirring architecture, an age-old history or a strong cosmopolitan air, but they do usually have heart. Many of the little villages, towns and cities have become a much loved home to thousands. It is at places such as these that you may find ...
The Kharkiv Region or Oblast is situated in the northeastern parts of the Ukraine and was formed in 1932 on the 27th of February. Kharkiv is approximately 31,400 square kilometers and is made up mostly of rolling plains. Kharkiv borders the Belgorod, Lugansk, Donetsk, Dnipropetrovsk, Poltava and Sumy Oblasts. Balaklija, Izyum, Kupyansk and Chuguyiv are some of the main cities situated in the ...
- Poltava Oblast
Komsomolsk is one of the youngest cities in Ukraine. It is a town of action with many programs on the go, giving the city a spirit of accomplishment and achievement. The town’s people are very proud of their young city as they work hard to continue its development.
The Zhytomyr Oblast is located to the northern side of Ukraine and was founded in on 22 September 1937. The Zhytomyr Oblast covers an area of approximately 30 000 square kilometers and has an estimated population of 1.3 million residents. Some parts of the Zhytomyr Oblast falls within the Chernobyl Zone. Villages and small towns within this area have been devastated by the effects of the ...