Ukraine govt resigns, stays on in acting role

KIEV Mon Dec 3, 2012 3:50pm IST

Ukraine's Prime Minister Mykola Azarov addresses the audience at the pro-President Yanukovich Regions Party's election headquarters in Kiev, October 28, 2012. REUTERS/Anatolii Stepanov/Files

Ukraine's Prime Minister Mykola Azarov addresses the audience at the pro-President Yanukovich Regions Party's election headquarters in Kiev, October 28, 2012.

Credit: Reuters/Anatolii Stepanov/Files

Related Topics

KIEV (Reuters) - Ukrainian President Viktor Yanukovich on Monday accepted the resignation of Prime Minister Mykola Azarov and his government and told the cabinet to stay on in an interim capacity, according to a decree published on the presidential website.

A number of government members, including Azarov, were elected to parliament in an election on October 28 and had been expected therefore to resign from their cabinet posts.

In his two and a half years as prime minister, Azarov has sought to revive an indebted economy which was hard hit by recession in 2009.

But growth rates have fallen again this year as markets for main exports, such as steel, have shrunk.

He has also been at the forefront of tough - and so far unsuccessful - negotiations with Russia, Ukraine's main energy provider, to try to persuade Moscow to bring down the price of strategic supplies of natural gas which the government says are way above market price and are a huge drain on the economy.

Yanukovich now has the option of re-appointing Azarov and individual ministers if he chooses.

If he decides to discard Azarov, he might choose to replace him with central bank chief Serhiy Arbuzov, with whom Yanukovich is personally close, commentators say.

(Writing by Richard Balmforth; Editing by Olzhas Auyezov)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

Fighting Ebola

REUTERS SHOWCASE

Fighting IS

Fighting IS

Turkey to let Iraqi Kurds reinforce Kobani as U.S. drops arms to defenders.  Full Article 

Hong Kong Unrest

Hong Kong Unrest

Hong Kong students, officials set for first talks on political crisis.  Full Article 

Iran Nuclear Talks

Iran Nuclear Talks

Exclusive: Iran offers "compromises" in nuclear talks, West unmoved  Full Article 

Rousseff Inches Ahead

Rousseff Inches Ahead

Polls shows Rousseff gaining momentum as Brazil election nears  Full Article 

Suffering Children

Suffering Children

Violence kills a child every five minutes, most outside war zones - U.N.  Full Article 

Putin's Proposal

Putin's Proposal

Polish ex-minister quoted saying Putin offered to divide Ukraine with Poland.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage