You're reading: Business News Europe: Ukraine could do better

On balance, the Ukrainian investment story following the presidential elections in February has improved. After five years of political instability and endless populism from revolving-door government (five general elections in five years), President Viktor Yanukovych has at least brought a measure of constancy, as he now controls both the presidency and parliament. The administration has also bitten the bullet on the hugely unpopular reform to gas prices, which saw domestic tariffs increased by 50% this summer. Read the story here.