Ukraine this week: good for Tymoshenko, bad for investors | beyondbrics:
"This has been a good week for Yulia Tymoshenko, Ukraine’s jailed opposition leader, and for the country’s chances for forging closer ties with the EU. But it was yet another bad one for investors and businesses on the ground, with Kiev’s cash-crunched central bank imposing fresh controls on foreign currency inflows.
But first the good news.
Tymoshenko is likely to be in relatively good spirits after hearing Thursday’s news that her bitter rival, President Viktor Yanukovich, will sign yet-to-be adopted legislation letting her go to Germany for medical treatment. The news was confirmed on the president’s website.
This, Yanukovich’s first public statement of his intention to let Tymoshenko travel abroad on certain terms, will have gone down well at the EU, too. Brussels has been critical of Ukraine’s “selective justice” since the former prime minister was convicted in 2011 on charges of abuse of office. It says a broader rollback of democracy jeopardizes Kiev’s chances of signing planned association and free trade agreements at a November summit."
'via Blog this'
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