Even with cease-fire, economy in Ukraine is crumbling

February 14, 2015 01:21

The Merefa Glass factory, which has manufactured bottles and jars in Ukraine since 1896 and employed more than 2,000 people, has suspended operations because its main furnace is broken and it can no longer get a crucial raw material from a supplier in Crimea that is now cut off by sanctions.

Thousands of workers at Yuzhmash, a once proud manufacturer of missiles, rockets and other high-tech machinery, are now on furlough as business with Russia '" until last year the company's main customer '" has vaporized.

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