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Ukraine's Zelensky survives crises and setbacks

Thursday, February 13, 2020

Significance

Zelensky and his team have faced a series of domestic and foreign crises, from the Tehran air crash and Kyiv's part in US impeachment proceedings to domestic infighting and leaks -- all seized on eagerly by the opposition. Still, the government is pressing on with key reforms despite some parliamentary setbacks.

Impacts

  • The apparent schism between Zelensky and Privatbank's former owner may help the prospects of IMF financing.
  • Zelensky is buoyed by signs of macroeconomic progress, although this is largely due to the work of the last government.
  • Conflict resolution should be eased by the appointment of Dmitry Kozak as chief Kremlin negotiator.

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