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13 February
, 2012,22:23


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News / 12 March 2010 | 12:40

Coalition formation is the final nail in the coffin of Orange Revolution


Ukraine's new president, Viktor Yanukovych, completed his takeover of power by forming a new government and appointing his close ally Mykola Azarov – a dour figure likened to Gordon Brown – as prime minister.

Parliamentary vote for a new coalition is the final nail in the coffin of the Orange Revolution, Guardian writes. Yanukovych's move ends the acrimonious standoff between president and prime minister that has characterised Ukraine's chaotic politics over the past five years, after Tymoshenko fell out with Viktor Yushchenko, Ukraine's former Orange president. Yanukovych and Azarov, by contrast, are close allies.

A figure-loving technocrat, Azarov is a former head of the tax inspectorate who served as finance minister from 2002-4. In January 2005 he briefly became prime minister; his only significant act was to give a generous retirement package to Leonid Kuchma, Ukraine's retiring president, including a 50% discount off his electricity bill.

"He's like Gordon Brown," one Ukrainian official noted today. "He's extremely boring and an anti-populist. He's not charismatic like Tony Blair or Yulia Tymoshenko. But that's what we need at the moment. The worst thing is to have a prime minister who treats issues like they are a political campaign."

Describing the state's finances as dire, Azarov said that Ukraine would meet all its obligations before the International Monetary Fund and push through a "realistic" 2010 budget. "The country has been plundered, the coffers are empty, state debt has risen threefold," Azarov said, pledging to restart talks with the IMF over a suspended $16.4bn bail-out package.
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13:19 In Davos, President Viktor Yanukovych took part in a World Economic Forum session “New Energy Architecture: Enabling an effective transition.”
10:10 In Davos, President Viktor Yanukovych took part in a session of the World Economic Forum titled "Energy for Economic Growth.” During the session, President Yanukovych brought up the issue of energy security of Ukraine, and told about the implementation of new technologies to use alternative and unconventional energy sources in our country.

24 January 2012
13:48 A Ukrainian delegation has left for Washington to hold talks with the International Monetary Fund (IMF), Ukrainian Finance Ministry spokesperson Viktor Kosarchuk has said.

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