Latest Articles about Europe's East

Ukraine Moves to State Capitalism and “Militocracy”

On November 8, Segodnya ran the headline: “Within the authorities there is a ‘silent coup’ taking place.” Segodnya was referring to the consolidation of “The Family” loyal to President Viktor Yanukovych. The capital assets of “The Family” are estimated to be $130 million, and 64th... MORE

Belarus Currency Crisis: Is It Over Or Just Beginning?

On October 20, the National Bank of Belarus decided to dispense with a system of different exchange rates by restoring a single rate and in the process devaluing the Belarusian ruble (BLR or Zaichik) from 4,930 to the dollar to 8,680 to the dollar, a... MORE

Paranoia Grows In the Yanukovych Regime

On November 2, President Viktor Yanukovych made a startling warning at an enlarged government meeting. He said “Law enforcement organs have told me there are purchases of weapons in preparation for a violent attack on the organs of the ruling bodies (of the state),” adding... MORE

Ukraine Fails to Secure IMF Financing In 2011

The International Monetary Fund (IMF) mission that arrived in Ukraine on October 25 left the country on November 3, one day ahead of schedule, without agreement on the next loan tranche. The IMF local representative, Max Alier, announced on November 4 that the IMF would... MORE

Yulia Tymoshenko’s Imprisonment: The Yushchenko Factor

Former President Viktor Yushchenko is an important, but underestimated, aspect of the sentencing of opposition leader Yulia Tymoshenko to seven years imprisonment and a three year ban from government work. Our Ukraine Honorary Chairman Yushchenko’s support for the sentence was in contradiction with the Our... MORE

Why Yulia Tymoshenko Will Remain Imprisoned

Western policymakers and Ukrainian experts are perplexed as to why President Viktor Yanukovych agreed to the court quickly sentencing Yulia Tymoshenko on October 11 to a seven year sentence, a three year ban from political life and a fine of 1.5 billion hryvnia ($190 million).... MORE

Russia Still Hopes Ukraine Will Join Customs Union

Ukraine has made considerable progress in the free trade talks with the EU during the past several months. Kyiv and Brussels are planning to sign an association and free trade agreement in December 2011, as the free trade talks were completed in Brussels on October... MORE