Can This Man Save Ukraine's Economy? - Bloomberg View:
"Aivaras Abromavicius has managed money-losing funds for years, but he never presided over anything as hopeless as the Ukrainian economy. Still, the recently appointed economy minister is full of good cheer and certain he and his colleagues in the new cabinet can turn things around. It all depends on whether international lenders give Ukraine enough time to reform itself at the pace the government is setting.
Strictly speaking, Abromavicius should never have become a government official in Ukraine. The 38-year-old asset manager is Lithuanian by birth. He moved to Kiev six years ago after marrying a Ukrainian, the chief executive of an agricultural company in which a private equity fund run by Abromavicius's employer, the Swedish investment firm East Capital, took a stake. He only gave up his Lithuanian citizenship after accepting the ministerial post.
Two more foreigners -- U.S. citizen Natalie Jaresko and Georgian Oleksandr Kvitashvili -- accepted Ukrainian citizenship at the same time, to become finance and health ministers, respectively."
'via Blog this'
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