As Ukraine’s economy begins to grow modestly, its Central Bank is striving to become an anchor of stability. The country needs to preserve the fragile macroeconomic stability it has achieved and use the upswing in the global economy to conduct reforms and stimulate economic growth. The task, however, still meets formidable obstacles; a number of important reforms, including the creation of the anticorruption court, gas reform, and privatization, are held back by what many see as attempts by the oligarchs to find their way back into the system.

Read more here.