Ukraine: Default concerns fade amid deal with Russia

The Kiev protests triggered by President Viktor Yanukovich’s decision to pull out of a landmark deal with the European Union continue. However, while the protests drew hundreds of thousands in the early weeks, they have now dwindled to tens of thousands and no longer pose a threat to Yanukovich’s government. Backed by a comfortable majority in Parliament, Yanukovich resisted protestors’ demands for signing the EU agreements and calls for new elections. Instead, the President carried on with his agenda of forging closer ties with Russia.

Read more about Ukrainian Politics.

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