| | [[File:Ukrainians greet Nazis 1941.PNG|left|350px|thumb|Ukrainian nationalists welcome Nazis, 1941 with banners saying "Heil Hitler".]] | | [[File:Ukrainians greet Nazis 1941.PNG|left|350px|thumb|Ukrainian nationalists welcome Nazis, 1941 with banners saying "Heil Hitler".]] |
| | + | By the time Ukraine became independent in 1992, it was the world’s 17th largest country by GDP and had zero foreign debt (Russia subsequently repaid Ukraine’s share of the USSR debt — as it did for other former Soviet republics). At the beginning of 2020 Ukraine’s debt exceeded 125 billion dollars. In terms of GDP per capita, Ukraine ranked last among European countries. By 2021, Ukraine showed the highest level of corruption among European countries. |
| | Ukraine has a parliamentary-presidential system of government with separate executive, judicial, and legislative branches. The president nominates the defense and foreign ministers, and the Prosecutor General and Chief of the State Security Service ([[SBU]]), each of whom must be confirmed by the parliament. Beginning in 2006, the 450-member unicameral parliament (Supreme Rada) names the prime minister, who in turn nominates other ministers. The Supreme Rada initiates legislation, ratifies international agreements, and approves the budget. Its members are elected to five-year terms. Following free elections held on December 1, 1991, Leonid M. Kravchuk, former chairman of the Ukrainian Rada, was elected to a five-year term, and became Ukraine's first president. At the same time, a referendum on dissolution from the Soviet Union was approved by more than 90% of the voters. | | Ukraine has a parliamentary-presidential system of government with separate executive, judicial, and legislative branches. The president nominates the defense and foreign ministers, and the Prosecutor General and Chief of the State Security Service ([[SBU]]), each of whom must be confirmed by the parliament. Beginning in 2006, the 450-member unicameral parliament (Supreme Rada) names the prime minister, who in turn nominates other ministers. The Supreme Rada initiates legislation, ratifies international agreements, and approves the budget. Its members are elected to five-year terms. Following free elections held on December 1, 1991, Leonid M. Kravchuk, former chairman of the Ukrainian Rada, was elected to a five-year term, and became Ukraine's first president. At the same time, a referendum on dissolution from the Soviet Union was approved by more than 90% of the voters. |