Article: Ukraine Business Report Daily.

HEADLINE NEWS

S&P REPORT FINDS THAT UKRAINE FACES CHALLENGES AHEAD

Standard & Poor's Ratings Services issued a commentary that finds that the inauguration of President ViktorYuschenko represents a key milestone in the development of Ukraine's (B+/Stable/B sovereign credit ratings) democracy. The agency said in a statement that the article, entitled "Ukraine And Its New Administration Face Challenges Ahead," shows that although many challenges lie ahead, Mr. Yuschenko has the proven track record to advance meaningful reform for the fledgling democracy. "However, Mr. Yuschenko will face an uphill struggle to fight corruption and break apart the old ...

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