Reviving Ukraine's Economy
Russia's President Vladimir Putin chairs a Security Council meeting in the Kremlin in Moscow, on February 25, 2014. Russia's deep displeasure at the changes convulsing its neighbour Ukraine has translated into fears that a much-needed $15-billion bailout from Moscow announced in December may be abandoned after only one payment of $3 billion came through. AFP PHOTO/ RIA-NOVOSTI/ POOL/ ALEXEY DRUZHININ (Photo credit should read ALEXEY DRUZHININ/AFP/Getty Images)
Russia's President Vladimir Putin chairs a Security Council meeting in the Kremlin in Moscow, on February 25, 2014. Russia's deep displeasure at the changes convulsing its neighbour Ukraine has translated into fears that a much-needed $15-billion bailout from Moscow announced in December may be abandoned after only one payment of $3 billion came through. AFP PHOTO/ RIA-NOVOSTI/ POOL/ ALEXEY DRUZHININ (Photo credit should read ALEXEY DRUZHININ/AFP/Getty Images)

WASHINGTON -- Ukraine has suddenly arrived at a democratic breakthrough. After former President Viktor Yanukovich incited major bloodshed, many of his MPs defected to the opposition, creating a large majority. In order to consolidate its authority, whatever new government emerges will need to act fast and resolutely – and receive considerable international support –- to overhaul the country’s crisis-ridden economy.

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