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Handelsblatt - Germany | Thursday, January 8, 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."

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