Latest Articles about Ukraine
Ukraine Risks Losing IMF Support
Ukrainian Prime Minister, Mykola Azarov, looks set to sacrifice the economy for electoral considerations. Azarov is reluctant to meet the key conditions set by the International Monetary Fund (IMF) to qualify for the continuation of its $15 billion assistance program: domestic gas price hikes and... MORE
Uncertain Future For Ukrainian Prime Minister Mykola Azarov
On June 1, Ukrainian President Viktor Yanukovych fired the deputy prime minister in charge of utilities and construction, Viktor Tikhonov, and his deputy, Yury Khyvrych. The two were dismissed not for the government’s failure to reform the utility sector, which would have been more logical,... MORE
Ukraine Drifting Away From Customs Union With Russia
Ukraine has sent Russia a clear signal that it is unconvinced it would benefit from membership in the Russian-dominated customs union more than from free trade with the European Union. The Ukrainian parliament instructed the government to prioritize the association and free trade talks with... MORE
Ukraine Expels Czech Diplomats, Jeopardizing Talks with the European Union
Ukraine has expelled two Czech diplomats, explaining that they had gathered military secrets and hired local assistants who now face prison sentences. This is an extraordinary event as Ukraine has avoided scandals involving the expulsion of Western diplomats in the past. Moreover, this happened at... MORE
Ukrainian Opposition Remains Fragmented Ahead of 2012 Parliamentary Election
Clashes between far-right and pro-Russian activists spoilt the Victory Day ceremonies in the Western Ukrainian city of Lviv on May 9. Militants from the far-right Freedom Party beat up pro-Russian activists, who arrived in Lviv from Russophone southern regions, clashed with police, burnt red flags... MORE
Kyiv Insists on Revision of Gas Contract with Russia
Ukraine has launched talks to revise the January 2009 gas contract with Russia according to which the base price was hiked from $179 to $450 per 1,000 cubic meters of gas. Kyiv hopes the contract will be revised by the end of the summer. Ukraine’s... MORE
Ukraine Raises $790 Million For Chernobyl Shelter Project at Donor Conference
International donors committed a total of some 550 million Euros ($790 million) for the Chernobyl Shelter Facility (CSF) fund at the donor conference in Kyiv on April 19. Although this is less than the Ukrainian government originally hoped to raise, it is still an achievement... MORE
Prosecution Of Tymoshenko In Ukraine: An Internal Political Tool, Not a Gas Contract Revision Tool
Ukrainian authorities have launched a fresh criminal investigation against former Prime Minister, Yulia Tymoshenko, along with the criminal prosecution of Oleh Dubyna, head of Naftohaz Ukrainy under Tymoshenko’s premiership. Both are charged with exceeding their powers and inflicting massive economic damage on Ukraine by concluding... MORE
Ukraine Ignores Russia’s Invitation To Join Customs Union
Ukraine’s leadership has left Moscow’s invitation to join the Russia, Belarus and Kazakhstan Customs Union unanswered even after Russian Prime Minister Vladimir Putin personally traveled to Kyiv to advertise its benefits. Instead, Putin was told once more that the problem of expensive Russian gas is... MORE
Ukraine’s Government Frantically Seeks Another Discount On Russian Gas
Undermining their own negotiating position, Ukraine’s top leaders sound desperate for a price discount on Russian gas, and hurriedly offer pre-emptive concessions to Moscow. On April 21 President, Viktor Yanukovych, declared, “Ukraine cannot afford this [current] price. The situation is on the edge. Our industry... MORE