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The Bright Side of Ukraine’s Government Crisis

A leaked recording of a high-level economic policy meeting recently caused a political storm in Ukraine. But in sharp contrast to the situation a few years ago, the discussion at the meeting focused on the strength of the country's currency – a sign of increasing confidence in the economy.

PARIS – On January 15, someone leaked a recording of a meeting between Ukrainian Prime Minister Oleksiy Honcharuk and key economic policymakers in which Honcharuk appeared to criticize both his own and President Volodymyr Zelensky’s knowledge of economics. But Zelensky refused to accept the prime minister’s resignation. In fact, the mini-crisis revealed a qualitative improvement in the state of the Ukrainian economy.

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