News Summaries

Attack targets Central Bank independence, Gontareva reputation

ACEU Staff

The draft law suggests dismissing the NBU head and deputy heads, to make the process of appealing against NBU rulings easier, and to make support for stabilizing the exchange rate the central bank’s main function. Some of these allegations – including questions over bond purchases during Gontareva’s time as head of Investment Capital Ukraine – have weight, and have been investigated by journalists covering the bank.

KP: Attack targets Central Bank independence, Gontareva reputation off-site link graphic

published 25 October 2016: News Summaries

Could Finland become the next Ukraine?

ACEU Staff

After annexing Crimea in 2014, having stated the region ‘must be returned to Russia’, one of Russian President Vladimir Putin’s former advisers said the Russian leader would be setting his sights on Finland. He said the Putin regime sees Finland’s independence as ‘treason against national interests’.

DM: Could Finland become the next Ukraine?off-site link graphic

published 25 October 2016: News Summaries

The threat from Russia

ACEU Staff

Mild Western sanctions make ordinary Russians worse off, but they also give the people an enemy to unite against, and Mr Putin something to blame for the economic damage caused by his own policies. What should the West do? Time is on its side. A declining power needs containing until it is eventually overrun by its own contradictions—even as the urge to lash out remains.

economist: The threat from Russia off-site link graphic

published 25 October 2016: News Summaries

Russia is negotiating with Germany and France over Ukraine

ACEU Staff

Ukraine has neither the money nor the state institutions to re-integrate it. But Russia, which started the war, does not want Donbas either. Two years after the Maidan revolution, Ukraine is stuck in a grey zone of half-reforms and half-war. While the country has held together better than many had expected, it has not transformed itself into a modern nation-state. Young Ukrainians are frustrated by their inability to keep the revolution’s promises, but unable to form a political force strong enough to challenge the government.

economist: Russia is negotiating with Germany and France over Ukraine off-site link graphic

published 25 October 2016: News Summaries

Russian Government Officials Told To Immediately Bring Back Children Studying Abroad

ACEU Staff

Russian state officials and government workers were told to bring back their children studying abroad immediately, even if means cutting their education short and not waiting until the end of the school year, and re-enroll them in Russian schools. It appears that the underlying reason behind the command is that the Russian government is concerned about the optics of having children of the Russian political elite being educated abroad, while their parents appear on television talking about patriotism and being “surrounded by enemies.”

ZH: Russian Government Officials Told To Immediately Bring Back Children Studying Abroad off-site link graphic

published 12 October 2016: News Summaries

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From the Editors

Congressman Brendan Boyle Urges President Obama to Visit Ukraine

The Editors

June 27, 2016
In The News

Congressman Brendan F. Boyle and the Ukraine Caucus Co-Chairs, Congresswoman Marcy Kaptur, Congressman Sander Levin and Congressman Michael Fitzpatrick led a letter to President Obama urging him to visit Ukraine prior to the end of his term. Fifteen members of the U.S. House of Representatives joined in on signing the letter in support. This bipartisan effort underscores that a visit by President Obama to Ukraine would highlight and enhance the strategic partnership between the two countries, as well as enhance the strong cooperation needed to implement reforms in Ukraine.

“During President Obama’s term, the Ukrainian people have endured tumultuous times from the Maidan Revolution, the annexation of Crimea by Russia and the invasion of Eastern Ukraine,” said Congressman Boyle. “A visit by President Obama would represent an important symbol that the United States continues to stand with the people of Ukraine and lead the international community in support for the peace, security and freedom that they deserve.”

This letter expresses the commitment of the Congress to work with President Obama on continued support for Ukraine.

Carly Frame | Legislative Assistant
118 Cannon House Office Building
Washington, D.C. 20515
Office: 202.225.6111
U.S. Congressman Brendan Boyle (PA-13)


published 28 June 2016: News Summaries

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Guest Articles


Guest Contributor

By Kirk Bennett

About two months after the Revolution of Dignity drove President Yanukovych out of office in February 2014, I received an e-mail from a fairly apolitical acquaintance in Kyiv. She assured me that, revolution notwithstanding, basically nothing had changed and the country was still being run by a bunch of crooks and scoundrels. I thought at the time that she was just being an understandably cynical Ukrainian, embittered by years of dashed hopes and expecting too much too soon in terms of reform or improvements in living conditions. It turned out she was being exceptionally perceptive, or possibly prescient.

continue reading IN SEARCH OF THE MIRACULOUS →

published 13 May 2016: News Summaries


Guest Contributor

One tip for politicians in places of power – don’t mention the “C” word when u are facing a tricky economic situation.

It reminds me of President Sezer in Turkey in 2001 when he famously (reportedly, but maybe urban legend) threw a copy of the constitution at then PM Ecevit and said “we have a crisis”. Within days the market had taken him at his word, and the crawling peg exchange rate regime had collapsed and the rest is history.


published 4 February 2016: Economics, EU, Reform

Moscow’s Battle against Time

Guest Contributor

By Mykola Kapitonenko

Among many other things Russia is trying to achieve in Ukraine, it is desperately struggling to turn back time. Preferably to the good old days when supplies of natural gas to its neighbors energy inefficient economies were successfully converted into political control, or – even better – when military dominance secured regional hegemony.

Kremlin’s ultimate goal is restoring a part of its former greatness. Two years ago Russia was firmly seated among the regional powers. It ranked in the top ten of world economies, enjoyed rocketing prices for natural gas and oil – country’s main commodities, and had become the economic center of gravity for large part of its immediate neighborhood. Powerful Russian lobbies operated in former Soviet republics and took advantage of systemic corruption there. Extra revenues from exporting energy resources enabled Russian leadership to buy influence in those countries, to carry out large-scale military modernization and pump up its military budget, and even to launch projects of regional integration, such as Eurasian Economic Union, tailored to further cement Kremlin’s control over post-Soviet space.

continue reading Moscow’s Battle against Time →

published 8 December 2015: Democracy, Economics, Energy, Europe, Reform, Russia

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