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Keywords:
Tags: France, Germany, European Union,
Graft, corruption and weak leadership in Eastern and Central Europe following freedom from the Soviet Union.
Grouped Articles
Lessons in Democracy for Ukraine's Neighbors
Wall Street Journal 03/14/2014
EU Faces Difficult Choices Over Ukraine
Wall Street Journal 03/22/2014
Ukraine’s Next President Vows to Restore Order and Mend Russia Ties
New York Times 05/26/2014
Parliamentary Elections Show Political Turmoil Is Continuing in Ukraine
New York Times 10/25/2014
After 25 Years, Central Europe Still Playing Catch-Up
Wall Street Journal 11/17/2014
Ukraine President Replaces Top Prosecutor
Wall Street Journal 02/11/2015
For Ukraine the crisis has one positive aspect of assistance on better terms and prospect of recovery under guidance from the EU, and possibly the IMF. Before the crisis the EU faced with its own financial difficulties in the eurozone was reluctant to commit large scale assistance. A pro-western government in Kiev dependent on the EU, makes it easier for the EU to design the package so that the assistance works, and necessary conditions are provided by the Ukrainian government. Previous administrations in Kiev were mired in corruption, mismanagement of the economy, and Russian meddling or pressure, which the new government has the chance to avoid this time. Long term this could also offer the prospect of Ukraine- without the Russian speaking Crimea- joining the European Union.
Grouped Articles
Standoffs persist in Crimea as Kerry prepares to meet Russian counterpart - The Washington Post
Washington Post 03/05/2014
In Ukraine, Many See Polish Economy as a Blueprint
New York Times 03/13/2014
EU Faces Difficult Choices Over Ukraine
Wall Street Journal 03/22/2014
Gazprom Threatens Ukraine Supplies Over Late Payment
Wall Street Journal 03/28/2014
IMF Reaches Deal to Provide up to $18 Billion to Ukraine
Wall Street Journal 03/28/2014
Ukraine President Takes On Other Crisis: a Broken Economy
Wall Street Journal 06/09/2014
The reforms will be painful for Ukraine. This includes a 50% increase in the price of natural gas, tax increases and spending cuts. The IMF will provide $18 billion in loans. The EU will provide $15 billion in grants and loans. The U.S. in comparison has made only a small token contribution of $1 billion in loan guarantees. EU help is made conditional on Ukraine implementing the IMF program. The prime minister of Ukraine says the GDP could drop by 10% without the IMF and EU loans and by 3% under the IMF program. The IMF has also called for audits of Naftogaz, Ukraine's gas company because of allegations of corruption. Ukraine has some of the earlier characteristics of Greece, in that corruption, mismanagement, inept politicians, large neighbor, and the IMF program of austerity measures, are all part of the picture in 2014.
Grouped Articles
IMF Reaches Deal to Provide up to $18 Billion to Ukraine
Wall Street Journal 03/28/2014
Rookie CEO Takes Over Ukraine Gas Giant
Wall Street Journal 03/28/2014
Parliamentary Elections Show Political Turmoil Is Continuing in Ukraine
New York Times 10/25/2014
Ukraine President Replaces Top Prosecutor
Wall Street Journal 02/11/2015
Economist 08/29/2015
Economist 04/19/2016
Grouped Articles
Ukraine President Replaces Top Prosecutor
Wall Street Journal 02/11/2015
Economist 04/19/2016
Ukraine Struggles to Shake Off Legacy of Corruption
The New York Times 06/06/2016
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