1. Summary of the Ukrainian-Russian Conflict
... in 2004, Ukraine had been mired by years of corruption, mismanagement, lack of economic growth, currency devaluation, and an inability to secure funding from public markets. Because of this, Yanukovych sought to establish closer relations with the European Union (EU) and Russia in order to attract the capital ... in the form of loans amounting to more than $18 billion contingent upon Ukraine adopting reforms in almost all aspects of society,[39] including a raise in domestic gas-supply price to the global price. The revolution was followed by protests in some south-eastern ... ...
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- Grade Level: Graduate