Ukraine holds presidential elections next month, and the outcome is likely to spell the epitaph of the Orange Revolution. The euphoria of 2003-04, when a grand display of “people power” reversed a rigged election, has long faded.
The country of 46 million has been one of the hardest hit by the global financial meltdown, suffering a sharp currency devaluation and a projected 14 percent drop in G.D.P. this year.
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