ASSESSMENTS

Crisis in Ukraine Shifts Some Oligarchs' Fates

Jan 26, 2015 | 10:15 GMT

Ukraine's Crisis Changes Fate for Some Oligarchs

Ukrainian Prime Minister Arseniy Yatsenyuk (R) and Speaker of the Parliament Oleksandr Turchynov (L) listen to President Petro Poroshenko (C) during a national security council meeting in Kiev on Nov. 4, 2014.

(GENYA SAVILOV/AFP/Getty Images)

Summary

The aftermath of the fall of former President Victor Yanukovich has led not only to a change in government in Ukraine, but also to a significant shift in the fortunes and political influence of Ukraine's top oligarchs. Some of the changes have benefited Kiev, with oligarchs likely to cooperate on some reforms to ensure Ukraine gets access to international funding in the short term. However, newly empowered oligarchs could eventually pose a challenge for the governing coalition.

Ukraine's oligarchs will cooperate with Kiev on some reforms but will work against those who threaten their business interests. ...

Keep Reading

Proceed to sign up

Already have an account?