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Mykola Azarov (l) and Viktor Yanukovich: election should move Ukraine out of impasse |
The election of Viktor Yanukovich as Ukraine’s president and the formation of a new pro-Yanukovich coalition government headed by Mykola Azarov as prime minister has raised hopes that the political impasse that has plagued Ukraine for the past couple of years is at an end and that the country will be able to regain some economic credibility.
News that Yanukovich had succeeded in forming a new government in mid-March prompted a positive response from abroad, with Standard & Poor’s raising its sovereign ratings for the country.
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