Wednesday, October 07, 2009

Yuliya Timoshenko lures foreign investors

The prime minister of Ukraine thinks that the economy of Ukraine is too monopolized and invites foreign investors to demonopolize it (link in Russian).
However, the talk is cheap. Foreign investors are really keen to see some actions. My intuition tells me that Tymoshenko will be the next president and she will be in a unique position to preside over a double digit economic growth and surge of investments. I expect it not because I believe that Tymoshenko  knows some magic tricks to revive the economic activity. Simply, the current situation is so bad that there is only way up.

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