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Top 15 Poorest Countries in Europe

/ December 11, 2014

5. Ukraine ($7,422)

Ukrainian economy is affected by recession. Corruption, dodgy economic policy, distaste for reform and poor governance are main reasons for Ukraine’s poverty. Right now foreign exchange reserves are meager, around $12 billion. Default is certainly on the cards.


4. Kosovo ($7,043)

Poverty is wide-spread in Kosovo. Many people in this country struggle to eke out an existence. Official unemployment rate is more than 45 percent. Corruption is rampant.