Ukrainian PM Resigns After Coalition Collapse

July 24, 2014 Share Print 0

Yatsenyuk made the announcement from the dais of the parliament after two parties said they would pull out of the governing coalition. “I am announcing my resignation in connect with the collapse of the coalition,” Yatsenyuk said.

He said the parliament could no longer do its work and pass necessary laws.

The nationalist Svoboda party and the UDAR movement led by former boxer Vladimir Klitscho pulled out of the group of legislators that took over after former President Viktor Yanukovych was ousted by protesters seeking closer ties with the European Union.

via CNBC

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Alfonso Esparza

Senior Currency Analyst at Market Pulse

Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.