Ukraine's new government will face old economic challenges
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"The main thing is that Ukraine needs to reform. And that’s what it hasn’t been doing for the last 20 odd years,” says Ian Bond of the CER. He says Ukraine may have to scrap fuel subsidies, tighten controls over public spending, and shake up its system of governance in return for EU and IMF support. These are the kind of measures that heavily indebted countries in the eurozone were required to undertake.