A month after Ukrainian general elections, there is still no new government, and elite power circles are playing a very dangerous game with the country’s most important ministry—energy.
It’s a game from which Ukraine will not recover for decades in the best-case scenario.
The past week has seen a flurry of media activity attempting to prepare Ukrainians for foreigners to take over key ministries, including the all-important Energy Ministry, but in this case it’s not going to happen—there is too much private interest at stake to allow a clean minister to take over.
International financial institutions (IFIs) would surely like to see someone in the Energy Ministry who is not—and cannot be—bought and controlled by any of the key ‘business elite’ who have put private interests above the country’s potential energy independence. The general sentiment is that this cannot be a Ukrainian. Even a Ukrainian figure who is not already beholden to one of a handful of business elite would never be able (even if willing) to withstand the pressure and would be bought and sold before closing day.
Complete story at - Ukraine’s Next Energy Minister Will Be Bought and Paid For, As Usual
It’s a game from which Ukraine will not recover for decades in the best-case scenario.
The past week has seen a flurry of media activity attempting to prepare Ukrainians for foreigners to take over key ministries, including the all-important Energy Ministry, but in this case it’s not going to happen—there is too much private interest at stake to allow a clean minister to take over.
International financial institutions (IFIs) would surely like to see someone in the Energy Ministry who is not—and cannot be—bought and controlled by any of the key ‘business elite’ who have put private interests above the country’s potential energy independence. The general sentiment is that this cannot be a Ukrainian. Even a Ukrainian figure who is not already beholden to one of a handful of business elite would never be able (even if willing) to withstand the pressure and would be bought and sold before closing day.
Complete story at - Ukraine’s Next Energy Minister Will Be Bought and Paid For, As Usual
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