Thursday, February 4, 2016

Ukraine’s Economy Minister resigns trying to fight official corruption

Ukrainian Economy Minister Aivaras Abromavicius quit on Wednesday saying his ministry was being hijacked by corrupt vested interests. In his statement, Abromavicius accused a close ally of Ukrainian President of blocking the ministry's work and pressing for powerful jobs for placement.
There has been growing public anger that pro-Western government, that came to power after a pro-Russian president was expelled by protests in 2014, has not delivered on promises to stop corruption. Ukraine's international supporters, including the United States and the European Union, are deeply disappointed by the resignation, which also sent Ukrainian sovereign bonds tumbling. Read more at http://www.reuters.com