"Here’s an irony: For many months in the depths of the European financial crisis observers around the world were treated to images of protesters in Greece and Spain demanding an exit from the Euro zone. And now? Ukrainians have massed in numbers even greater than those of the Orange Revolution to protest President Viktor Yanukovych’s refusal to … yes, move toward joining the European Union.
Ukraine’s situation is not the same as that of Greece or Spain. It faces a much starker set of alternatives, as Bloomberg’s Daryna Krasnolutska and Kateryna Choursina report: Ukraine can turn toward Europe, or toward Russia. Yanukovych, Russia’s preferred Ukrainian chief, chose the second.
The graph of per capita income below sums up the problem with that approach. You can click through to a Google chart with full details.
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