September was a downright bad month for Ukraine. The International Monetary Fund came and went without an expected billion-dollar agreement, Oligarch Ihor Kolomoisky paraded around the largest international forum unhindered, and Kolomoisky’s rival came under physical attack.
But in October, things began to look up.
The president and prime minister both expressed support for the independence of the National Bank of Ukraine. The courts in London ruled in favor of Ukraine and not Kolomoisky, who is seeking to regain control of PrivatBank, the largest commercial bank in the country. Everyone breathed a sigh of relief. There’s still concern among investors, but the picture looks better.
