Thursday 12 December 2013

Guest post: Ukraine’s choice of Faustian bargains | beyondbrics - #EuroMaidan

Guest post: Ukraine’s choice of Faustian bargains | beyondbrics:

"By Chris Weafer of Macro-Advisory

Newsflow from Kiev is changing almost by the hour but one factor has become clear: President Viktor Yanukovich’s hope of striking a deal with both Brussels and Moscow has all but gone. The resilience of the protesters in Kiev and the pressure coming from both the EU and Russia means that he is fast being forced into making a choice between east or west. There is no longer any possibility of playing one off against the other and the time remaining to make a choice is running out.

There is also increasing speculation of pressure on Yanukovich from within his support group and the oligarchs to make some political concessions, e.g. to agree to a one term limit or to call fresh Rada elections, as a way to diffuse the current tensions. The argument is that in such an event both the EU and Russia would back off and wait to see how the situation developed."

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