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Roubini Urges Ukraine to Sign EU Accord Over Russian Deal

Ukraine should work with the European Union rather than a Russian-led customs union in order to boost its economy, said Nouriel Roubini, a professor of economics and international business at New York University.

Ukraine’s “macroeconomic condition is fragile” because of widening current-account and fiscal deficits and growing needs for external financing, Roubini said today at the annual Yalta European Strategy Conference on Ukraine’s Black Sea coast.