Unpaid salaries in Ukraine

[Larry1]

Some of you might find this article interesting. It discusses a report in a Ukrainian newspaper that recounts the large amount of unpaid salaries in Ukraine:

The Ukrainian economy has been hit hard over the past two years by the shock of continuous geopolitical crises. The economic instability that followed Russia's annexation of the Crimean peninsula and the commencement of the pro-Russian separatist conflict in the eastern Donbas region in 2014, on top of the country's already shaky economic outlook prior to these crises, have hit practically all industries. Ukrainian daily Obozrevatel.ua recently published a list of major companies that are nearing insolvency or are unable to pay salaries to their workers. The list includes the country's most important corporations -- some state-owned, some private. According to the publication, in Kyiv alone at the beginning of October 2015 employers owed their employees nearly 81 million hryvnia ($3.56 million), and among the regions with most wage arrears is the war-torn Donbas, where employers owe more than $13 million in salaries.

One of the major debtor in the country is the city Kyiv and the surrounding Kyiv region.

http://www.realclearworld.com/blog/2015/10/guns_and_lack_of_butter_in_ukraine_111523.html

[alex330]

Might be a prime time to swoop in and pickup some offshore talent....