European Bank for Reconstruction and Development (EBRD) forecasts a slight decrease (-0.5%) gross domestic product (GDP) of Ukraine in 2013.

This forecast is contained in the review of regional economic outlook, which has UNIAN.

"If in 2012, Ukraine experienced moderate growth close to stagnation (+0.2%), in 2013, most likely expect a slight slowdown (-0.5%), followed by resumption of growth in 2014 ( 2.5%), "- said in a statement the bank.

According to Ukraine's economy is largely dependent on what happens in the euro area and Russia. "Slowing economic growth in these regions will continue to adversely affect the growth and economic stability in the country. Threat to sustainable development also represents the amount of distressed bank loans in Ukraine "- note in the bank.

EBRD downgraded its economic forecasts and said the need for urgent structural reforms in European countries with emerging markets. Bank downgraded its overall forecast growth in 2013 to 2.2%, well below the 3.1% that was predicted four months ago.

The bank noted that this change is forecast, in particular, the result of slowing economic growth in Russia, despite the apparent risk reduction effects of negative processes in the eurozone. In view forecasts as affected by reduced economic activity in other major countries, such as Poland and Turkey.

However, the report noted that the most significant risk factor that may lead to further deterioration of forecasts, they may gain the crisis in the eurozone. The report also says that the process of recovery of developed economies in Europe could slow if not taken active measures to stimulate growth.

According to the EBRD chief economist Erik Berglof, the current slowdown was "disturbing reminder of the region on the need to intensify structural reforms that have been discontinued from the start of the crisis."

As UNIAN reported earlier, the European Bank for Reconstruction and Development in January of this year annual forecast downgraded Ukraine's GDP growth by 1%, while in October 2012, he predicted it at 2.5%.

The World Bank (WB) in April revised to the downside growth forecast for gross domestic product (GDP) of Ukraine this year from 3.5% to 1%.

The International Monetary Fund predicts zero growth in GDP of Ukraine in 2013. The growth of GDP in 2014, according to IMF forecasts, could reach 2.8%.

According to government forecasts GDP growth up to 2013 will be 2.5% - 3.4%.

According to the draft Budget Resolution, released April 10, 2013, Ukraine's GDP growth is projected at 3%.

However, experts from the Ministry of Economic Development and Trade of Ukraine, research institutes and leading economic institutes of the National Academy of Sciences downgraded forecast of real GDP in 2013 to 1.2% against the forecast growth of 2.9% made in November 2012 .

As experts predict the Institute for Economic Research and Policy Consulting GDP growth in 2013 could reach 1.3-1.4% in terms of success in negotiations Ukraine and the International Monetary Fund and the allocation of credits under the "stand-by". In case of failure of negotiations, GDP growth could be negative - to -3%.

UNIAN reference. Ukraine's GDP in the first quarter of 2013 decreased by 1.3% compared to Q1 2012 (at constant 2007 prices).

This compared to Q4 2012 and seasonally adjusted GDP growth rate was 0.5%.

Ukraine's GDP growth in 2012 versus 2011 was - 0.2%.

Nominal GDP of Ukraine in 2012 amounted to 1.409 trillion USD in Q4 2012 - 378560000000 USD.

State Budget of Ukraine for 2013 was calculated based on the following macroeconomic indicators: Nominal GDP - 1576000000000 USD, GDP growth - 3.4%, inflation (December to December) - 4.8%.