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Azarov, as first deputy PM, becomes Ukraine’s new economic tzar
Journal Staff Report

KIEV, Aug. 5 – Mykola Azarov, a senior member of the Regions Party, became Ukraine’s new economic tzar Friday after Parliament had approved him as the first deputy prime minister in charge of finance and economic policy.

Azarov, as a capable and tough manager, will also control the post of the Finance Minister replacing Viktor Pynzenyk. Azarov is known as the chief architect of the country’s economic policy in 2002 through 2004.

“There will be a strict budget, less populism,” said Iryna Kriuchkova, an analyst with the Institute for Economy and Forecast at the national Academy of Sciences in Kiev. “By all accounts, this is a tough manager.”




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USD 26.63 26.53
RUR 0.462 0.458
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