Influence of Russia and the USA at the entrance of Ukraine into the EU

Abstract

Ukraine became an independent state after the collapse of Soviet Union in 1991. Since that time the country has passed through a process of significant political, economic, and social change. Having experienced difficult economic times during 1991-1995 (the breakdown of integrated connections with the post-Soviet business environment, hyperinflation, privatization issues, and national business system formation), the Ukrainian government successfully established a national currency (hryvna) and overcame high inflation by the late 1990s.