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Steuer, Helmut

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2 articles of this author have been cited in the European Press Review so far.

Handelsblatt - Germany | 08/01/2015

Ukraine needs help now, not tomorrow

The Ukrainian Prime Minister Arseniy Yatsenyuk tried to secure more financial support for his country in Berlin on Wednesday. The German government agreed to back 500 million euros in credit but also warned that the country must introduce reforms. The liberal business daily Handelsblatt recommends a lenient stance towards Ukraine: "Kiev's reformist zeal is being crushed in the mangle of Ukrainian bureaucracy and the power struggle between honest politicians and MPs who serve the oligarchs. ... Lasting reforms take time, and corruption can't be eradicated overnight through parliamentary resolutions. Brussels and Berlin should bear this in mind when Yatsenyuk, who sometimes overshoots the mark verbally, makes his begging rounds in Europe. The chance to help this country that wants to join the West exists now, not tomorrow."

Handelsblatt - Germany | 22/05/2014

There's no getting around the oligarchs

The chocolate manufacturer Petro Poroshenko could become the new president of Ukraine, the businessman Rinat Akhmetov has called for protests against the separatists, and other influential entrepreneurs are currently sitting at the round table with the OSCE. The fact that the oligarchs are now looking like beacons of hope in Ukraine is worrying for the liberal business paper Handelsblatt: "The new old power of the oligarchs also underlines the size of the democracy deficit in Ukraine. Money rules the country. Nothing has changed on that score in the post-Yanukovych era. A clear majority in the Kiev parliament is directly dependent on the oligarchs. That does not bode well for the country's future. And yet it is perhaps the last chance for the tormented country. But there is one small ray of hope: at least the most promising presidential candidate, the chocolate king Poroshenko, sided quickly with the opposition on Maidan and promised to sell his empire if he is elected."

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