: :inin Kyiv (EET)

The Economics of Ukraine’s Political Crisis

Ukraine’s current political crisis is easy to understand. It was unleashed by an offensive by the Poroshenko Bloc to get greater control over the government. It started on February 3, when Economy Minister Aivaras Abramovicius resigned in protest against Ihor Kononenko, the gray cardinal of the Poroshenko Bloc, and it was aggravated by the failed vote of no confidence in the Yatsenyuk government on February 16.Previously, the successful reform ministers Andriy Pyvovarskiy and Oleksiy Pavlenko had resigned quietly, apparently having been subjected to similar pressure from Kononenko. The only strong reform minister left standing was highly-respected Finance Minister Natalie Jaresko. …read more

Source: Atlantic Council

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