Ukraine: Reform Pressure Grows

Politics ♦ Published: December 18, 2012; 19:34 ♦ (Vindobona)

Mykola Azarov is reappointed as Prime-minister, facing tough challenges ahead, Raiffeisen Research states.

Ukraine: Reform Pressure Grows / Picture: ©

Surprisingly, the process of power transition in the aftermath of the parliamentary elections took a rather long time (more than six weeks) - despite the fact that elections’ outcome fell very much in line with the expectations. The President Yanukovych first dismissed the government led by Mykola Azarov on the formal grounds, as Mr. Azarov was elected to the…