Ukraine Approaches Bankruptcy

The violent protests that have rocked Ukraine since the beginning of the year seem to have settled down after the Yanukovich government's retreat, but the situation in the country is far from resolved. While the new and yet-to-be-determined government will have to grapple with problems such as Ukraine's fundamental east-west divide, the issue of immediate concern is much more mundane: The country is perilously close to insolvency.