Ricardo Giucci, Leader of the German Advisory Group Ukraine, said this in the commentary to DW.
"We have calculated that the uncontrolled areas now produce 1.6% of Ukraine's GDP," Giucci said.
The blockade will affect the steel production and the electric power industry, he said.
As the German economist emphasized, "from a macroeconomic perspective, this is, undoubtedly, a shock for the country," otherwise the IMF would not delay the allocation of next tranche under the EFF program. At the same time, Giucci added, "it is not a disaster."
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