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Financial Times: Ukraine corruption festers

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Feb. 7, 2011, 1:14 p.m. | Ukraine abroad — by Roman Olearchyk

Roman Olearchyk

Kyiv Post Staff Writer

One year into his presidential term, has Ukraine’s Viktor Yanukovych started to deliver on his pledges to cut corruption, reduce red tape and improve the country’s miserable investment climate? The honest answer is “not really”, although the generous might be inclined to say “not yet”.
Speaking on condition of anonymity, investors say that shakedowns by officials and non-transparent dealings are growing to unprecedented levels.
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