Friday, April 28, 2006

Our Ukraine and Party of Region Coalition

Agreement has been made on the formation of a coalition to govern Ukraine

It is always hard knowing what is true and what is not but this article was recently published and is widely circulating around the media.

This sort of speculation is rife in Ukraine and the longer Our Ukraine delay in formulating a coalition the the more confidence in Ukraine's political and economic development is undermined.

Victor Yushchenko, Ukraine's President MUST call for a quick decision on the formation of Ukraine's Government, even if this means compromise on their close of Prime Minister or coalition partners.

Whilst the impact of this indecisiveness has not yet become apparent the longer uncertainty drags on the greater the impact. The President MUST put an end to the uncertainty as soon as possible and before the Markets and international community begin to take flight.


KIEV, April 28 (Itar-Tass) -- The pro-presidential Our Ukraine bloc and the opposition Party of Regions, led by Viktor Yanukovich, have agreed on the formation of a coalition in the new Supreme Rada (parliament) of Ukraine. This sensational report was circulated on Friday by a number of electronic mass media organs of Ukraine with reference to reliable sources.

Regions, led by Viktor Yanukovich, have agreed on the formation of a coalition in the new Supreme Rada (parliament) of Ukraine. This sensational report was circulated on Friday by a number of electronic mass media organs of Ukraine with reference to reliable sources.

According to their information, the parties reached agreement on Thursday night that Sergei Taratuta, chairman of the board of directors of the Industrial Union of Donbass Corporation and one of the three Ukrainian multimillionaires, would be nominated to the post of prime minister.

President Viktor Yushchenko, who is in Latvia on a visit, sent a message from there on Thursday giving his consent to the formation of a coalition by Our Ukraine and the Party of Regions, the sources report.

The political council of the Party of Regions adopted a resolution at its meeting on Thursday, which said that the party would hold talks on the formation of a parliamentary coalition with all the political forces, qualified for the new Supreme Rada, without exception. Yanukovich expressed confidence that the coalition formed by Our Ukraine and the Party of Regions could be the most effective.

Previously the observers forecast that Taratuta could well be regarded as a candidate to the post of prime minister. In their opinion, he will be a “technical premier,” because he does not have “clear political orientation.” This is exactly the thing that could suit both Our Ukraine and the Party of Regions. On the one hand, Taratuta comes from Donetsk. On the other hand, he supported the “orange revolution.”

The Party of Regions got 32.14 per cent of votes (186 seats in parliament) at the March 26 parliamentary elections. The Yulia Timoshenko bloc got 22.29 per cent of votes (129 seats). The pro-presidential Our Ukraine bloc, with Prime Minister Yuri Yekhanurov on the top of the electoral list, got 13.95 per cent of votes (81 seats). The Socialist Party led by Alexander Moroz got 5.69 per cent of votes (33 seats), and the Communist Party led by Peter Simonenko got 3.66 per cent of votes (21 seats). There are 450 seats in the Ukrainian parliament. A minimum of 226 Mph is needed for forming a parliamentary majority. If Our Ukraine and the Party of Regions form a coalition, it will have a total of 267 seats.

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