Ukraine May Face Financial Catastrophe This Autumn, Financial Times

Ukraine may face a financial catastrophe this autumn, writes the Financial Times.

According to the publication, due to the increase in military expenditures, the country has nearly exhausted its budgetary resources. The article predicts that Kyiv will not have sufficient funds even to finance the social sector, particularly schools and hospitals.

Without external assistance, Ukraine's economy would collapse, making it impossible to continue military operations, the newspaper states.