Ukraine’s fiscal deficit has become explosive due to the uncertainties created by the external aggression and the resulting weak economic performance.
The Law of Ukraine on State Aid to Undertakings adopted on July 10 sets the scene for a fully operational European Union-style state aid regulatory system in Ukraine by August 2017. Nothing like this has existed before in Ukraine and this system is an important requirement of the newly ratified EU-Ukraine Association Agreement.
Ukrainians received some hard-boiled pasting in an article by two writers. One is a defense expert, the other is director of the Harvard Eurasia Security Program (“How will Ukraine change?” by Joseph LeGasse and Sergey Konoplyov, Kyiv Post, Oct. 18).
This weekend, Ukraine will hold a parliamentary election, but only part of the nation will participate. Crimea has fallen to Russia and eastern Ukraine is still widely dominated by pro-Russian separatists, who consider the territory they control a sovereign nation. As a result, 30 out of 450 parliamentary seats will remain vacant.
Ukrainians head to the polls this weekend for their parliamentary elections. Russian aggression casts a long shadow over this process, as President Putin continues his efforts to deny Ukraine the ability to make its own decisions regarding its own future. Russia is working actively to suppress Ukraine's aspirations towards a freer and more dignified future.
The Ukraine Freedom Support Act, passed last month by the US senate's Foreign Relations Committee, could mark a new kind of policy for the US in Ukraine. It doesn't propose new sanctions, or the "major non-NATO ally" designation for Ukraine, Moldova and Georgia, but instead grants permission to send Ukraine a variety of weapons, ammunition, and specialized equipment to fill gaps in its current military's capabilities, with $350 million authorized for this fiscal year.
Would territorial retreats whet Vladimir Putin’s imperialist appetite?
I'd be rich if I had a hryvnia for every time I've heard that question answered in the affirmative. Accordingly, if one concedes an inch to Putin, he'll take a mile. And, naturally, that mile will only be the prelude to many more miles. In sum, you can't concede an inch - or else.
"It is time to unite."
The slogan ambushes Ukrainians from all sides these days as Petro Poroshenko, the president, deploys it to win votes ahead of parliamentary elections on Oct. 26 that will determine whether he can secure a mandate for important but stalled reforms.
WASHINGTON -- Vladimir Yevtushenkov, an oligarch under house arrest in Moscow since mid-Sept. on charges of money laundering, may or may not be guilty of any wrongdoing. But he is different from many of his ilk in one important way: He is one of the rare moguls who lives and pays taxes in Russia but directly owns a major stake in his London-listed company Sistema. The vast majority of his peers operate through chains of shell-companies that lead to obscure off-shore havens.
As the Syrian civil war drags on and the situation in the Middle East continues to spiral out of control, Russia remains a steadfast supporter of Syrian President Bashar Assad's regime. On the political side, Russia has consistently provided Assad with support at the United Nations, and Russia is also the key arms conduit for the Syrian regime. From tanks to attack helicopters, the Syrian military is heavily dependent on Russian weaponry.
Not since the financial crisis of Aug. 1998 has Russia faced the very real possibility of a currency crisis that could seriously threaten the fundamental stability of the country's economic and political system.
A number of candidates are likely to enter Ukraine's new parliament after the Oct. 26 elections specifically because of their role in defending the country against Russian aggression. Given the calibre of many of Ukraine's weathered politicians, lack of political experience can actually increase a candidate's perceived credibility and need not be a handicap. There are however candidates whose political background makes their possible victory on a wave of support for war heroes of serious concern.
A quick Google check will find multiple reports, citing Human Rights Watch, asserting widespread use of cluster bombs by the Ukrainian government. There are a significantly smaller number of reports from an OSCE spokesperson who denied any evidence of such use.
Europe is at a make or break moment. Two very different events on Oct. 26, occurring at opposite ends of Europe, will largely determine the entire continent's direction for years ahead: the parliamentary election in Ukraine and the bank "stress tests" and Asset Quality Review conducted by the European Central Bank. Before explaining the significance of these two events, and their unexpected linkage, I need to mention a third announcement, due Oct. 29: the European Commission's verdict on the budget for 2015 submitted last week by the French government.
Only a few photographs of dead fighters and flowers in the centre of Kyiv recall the dramatic events that unfolded on Independence Square, or the Maidan, a year ago. The barricades and the encampment are long gone. The city feels subdued and traumatised as it awaits the parliamentary elections on Oct. 26th. The energy and hope of a new beginning that sustained the revolution have been drained by a war that has claimed 3,600 lives. Crimea is gone; large swathes of Donbas, the industrial region in the south-east, have been seized by separatists; the ceasefire is fragile.
Imagine trying to hold an election at the most critical juncture in your country's modern history -- a vote that is vital for your nation's security and place in the world. Imagine trying to hold the election amid threats from within and without, a teetering economy, an atmosphere of tense uncertainty, and under the watchful eye of the world. Now imagine trying to do it cleanly. Twice. Imagine Ukraine.
The cease-fire agreed at talks brokered by Belarussian President Alexander Lukashenko between Moscow and Kyiv may not have held, but the president has enjoyed something of an image makeover since his Russian and Ukrainian counterparts met in Minsk for a scheduled gathering of the Russia-led Customs Union in August.
The Internet is rife with mean-spirited jokes: At a news conference during recent talks in Milan, President Vladimir Putin made an off-color comment regarding a grandfather's genitals that caused a greater stir than the time back on Oct. 12, 1960, when former Soviet leader Nikita Khrushchev pounded his shoe against the podium while addressing the United Nations.
On Oct. 16, the European Energy Commission published its European Energy Security Strategy on how to limit the potential disruption of reductions of Russian gas supplies to European countries as a consequence of the Russian-Ukrainian War. The European Commission "gas stress tests" show that the damage from a complete halt of Russian gas imports or from a lesser disruption of the Ukrainian transit route can be managed if Europe follows a cooperative approach of free sales of natural gas across borders, infrastructure development, rational storage and other measures.
When Ukraine's voters go to the polls on Oct. 26, not only the fate of their country will be at stake; so will the future of a significant part of Europe. To put it simply: the future of Ukraine will decide the future of Russia, and the future of Russia will have a substantial impact on the future of Europe.