Missile Alerts Cost Ukraine Around 38 Million Euros per Hour
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8 Articles
Ukraine, missile alarms cost Kiev about 45 million dollars (about 40 million euros) for every hour of disruption of economic activity.
Alerts halt business as Russia expands attacks on key infrastructure of Ukrainian economy
Air alerts blocking Ukraine's economic activity cause losses of approximately $45 million per hour, according to an estimate by the Ukrainian Minister of Economy. In the face of the increasing Russian attacks on industrial and logistical infrastructure, the Kiev authorities are trying to keep businesses in place, without compromising the safety of employees.
Missile alarms cost Ukraine about $45 million for every hour of disruption of economic activity. (ANSA)
Economy Minister Oleksandr Kravchenko told The Guardian. The head of the department called Russian attacks on Ukrainian industry, logistics and data centers in particular an attempt to “destroy almost the entire economy”. What we did not fully anticipate is how quickly Russia will develop these jet drones and use them for attacks,” he said. According to Kravchenko, due to business stoppages, an hour of air alarm costs Ukraine about $45 million. …
Constant missile alerts and Russian attacks are costing Ukraine's economy an estimated $45 million an hour, paralyzing business activity and damaging vital infrastructure. The Ukrainian government is trying to keep the economy afloat with a new warning system and plug a large budget deficit, while seeking additional international support amid concerns about corruption and Europe fatigue.
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