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Ukraine PM Yatseniuk resigns

Sunday, April 10, 2016 - 01:19

Ukrainian Prime Minister Arseny Yatseniuk tendered his resignation Sunday, a move likely to delay the disbursement of aid under a $17.5 billion bailout. Nathan Frandino reports.

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Arseny Yatseniuk blamed his resignation on Sunday on what he called an artificially created political crisis. (SOUNDBITE) (Ukrainian) UKRAINIAN PRIME MINISTER, ARSENY YATSENIUK (MEDIUM SHOT), SAYING: "The process of changing the government has turned into mindless running on the spot." Yatseniuk emerged as prime minister in February 2014 after the ousting of then-President Viktor Yanukovich. But now, after months of political infighting and corruption allegations, the current ruling coalition has fractured and the disbursement of aid under a $17.5 billion bailout program is likely to be delayed. In February President Petro Poroshenko publicly urged the prime minister to resign, Yatseniuk says the formation of a new government is the only way forward. (SOUNDBITE) (Ukrainian) UKRAINIAN PRIME MINISTER, ARSENY YATSENIUK (WIDE SHOT), SAYING: "We cannot allow for destabilization of the executive branch of power during a war. Such prospect is inevitable unless, immediately after this resignation, the new government of Ukraine is formed." In his address, he signaled support for parliamentary speaker and presidential ally Volodymyr Groysman to take his place.

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Ukraine PM Yatseniuk resigns

Sunday, April 10, 2016 - 01:19