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Its deficit climbed from 3.87% of regional GDP to 4.5%.
Ukraine devotes a third of GDP to social spending.
Public debt will rise from 66% of GDP to 84%.
Citigroup expects GDP to shrink for three years.
British public debt jumped from just 44% of GDP to 79%, while America's leapt from 66% of GDP to 98%.
Revenue there has fallen from 12% of GDP to 9% in the past decade.
Doubling the spend of GDP to achieve this is neither here nor there.
Moreover, relying solely on GDP to measure a country's success is pure fallacy.
As a result, Britain exports roughly 14% of its GDP to the EU.
Economists expected the GDP to grow by 0.7% in the first quarter.
On balance, we expect a small upward revision to GDP to +0.7%.
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