Ukraine: Political divisions worry investors

Relations between president and prime minister deteriorate

Yushchenko and Tymoshenko:
political uncertainties might hold
investors back

Foreign investors say growing signs of division between president Viktor Yushchenko and prime minister Yulia Tymoshenko of Ukraine are causing concern. The president and his cabinet have seemed increasingly at odds over the past month, which investors identify as one of the main obstacles to increased investment in the country. Odeniyaz Dzharaparov, fund manager at hedge fund Griffin Capital Management, said on the sidelines of Renaissance Capital’s Russia and Ukraine conference: “The economic situation is OK there.

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