December 29, 2009

Happy New Year!

A year of 2009 was full of major political and economic events for Ukraine. On the negative side, Ukraine's economy experienced a deep economic recession while Ukraine's government gridlocked in an intensifying brawl between President Yushchenko and Prime Minister Yulia Tymoshenko. The upcoming 2010 Presidential Election only worsened a situation with governance efficiency (e.g. a phantom outbreak of swine flu, new price controls, chocking a private sector development, etc.). Furthermore, Ukraine's foreign affairs with Russia reached a new boiling point while the Western Europe cooled its enthusiasm about Ukraine's potential membership in both NATO and EU. On a bright side, Ukraine's four major cities received an approval from UEFA to co-host the European soccer championship EURO 2012 with a final in Kyiv. Btw, it shows that a private sector can strengthen a national reputation if it is left alone from the government mess. And on this note, let me say that I'll return to blogging in a new year of 2010. A month of January promises to be a very exciting because a first round of the 2010 Presidential Election will be held on January 17th.

Happy Holidays! Happy New Year!


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