Financial Times FT.com

Business leaders call the shots in Kiev

By Roman Olearchyk

Published: May 18 2009 16:47 | Last updated: May 18 2009 16:47

They have never been as rich as the Russian oligarchs, who built up multibillion-dollar business empires on petro-dollars, and now Ukraine’s richest businessmen have seen two-thirds of their net wealth wiped out by the global financial crisis.

Despite these disadvantages, the rich in Ukraine control much of the domestic economy and play the top politicians like pawns.

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