Ukrainian Opposition Ready to Form New Government.
Last edited Mon Feb 3, 2014, 11:23 AM - Edit history (1)
Source: HispanicBusiness / Qatar News Agency
Kiev , February 03 (QNA) - The Ukrainian opposition is ready to form a new government and to take full responsibility for the situation in the country, leader of the Batkivshchina (Fatherland) opposition party Arseny Yatsenyuk announced in statements to a local TV. However, Yatsenyuk ruled out the possibility of creating the new cabinet together with the pro-government Party of Regions. The opposition leader stressed that the primary reforms of the new government will include the demonopolization of economy, energy, tax, bank, legal and law enforcement reforms. He added that Ukraine would require loans from the IMF, the EU and the US to help finance the new government. Meanwhile, Ukrainian President Viktor Yanukovych will return to work on Monday after four days of illness, with protesters still demanding he give up power. The political crisis has continued unabated in his absence, with thousands on the streets of the capital, Kiev . Opposition leaders had previously expressed scepticism about his illness. On Sunday they again called on him to stand down while speaking to crowds of protesters in Kiev's Maidan square. Ukraine has been plunged into a deep political crisis that in the last week saw the Prime Minister and Cabinet resign, a controversial anti-protest law repealed, and the President signing off on a contested amnesty bill for anti-government protesters. Thousands of demonstrators have packed Kiev's Independence Square since November, when Yanukovych reversed a decision to sign a long-awaited trade deal with the European Union and turned instead toward Russia . (QNA)
Read more: http://www.hispanicbusiness.com/2014/2/3/ukrainian_opposition_ready_to_form_new.htm
Re. "Ukraine would require loans from the IMF, the EU and the US to help finance the new government."
You will find elsewhere the figure of $15 billion mentioned - presumably to replace and match the amount offered by Russia. The IMF had already said "no" unless Ukraine increased the price of gas to consumers to ensure ability to repay.
For earlier ref. to the $15 billion and confidence in Ukraine see : http://www.themoscowtimes.com/business/article/bailout-boosts-ukraine-dollar-bonds/491913.html
$15 billion may only be sufficient for the coming year.
China has yet to be mentioned much but see : China buys huge swathe of Ukraine in grab for farmland.
As overseas investments go, this one is pretty huge. China is buying up to 3 million hectares of farmland in Ukraine, an area the size of Belgium. Two state-owned firms will take over the land in the eastern Dniepropetrovsk region to grow crops and raise pigs for consumption back home.
The Kiev Post called it an "unprecedented foreign investment", estimated at more than $2.6bn, fuelled by China's growing demand for food which it simply cannot grow itself. In a world of economic turmoil and uncertainty over the climate, food security has become its top priority.
In 2009 China owned just 2 million hectares of farmland abroad, but things have moved fast. The ruling Communist Party, which had promised to keep the country almost completely self sufficient, is now actively outsourcing production overseas.
http://www.channel4.com/news/china-ukraine-farmland-food-security-investment-overseas
That was 5% of Ukraine's farmland for the time being.
Igel
(35,323 posts)that land will always have been an integral part of China since at least the Ming Dynasty and always will be an integral part of China--with the obligatory 500 mile wide easement from Xianjiang to Ukraine part of its perpetual economic hegemonic zone.
another_liberal
(8,821 posts)Asking price is only $14,999,999,999 (for the first year) if you act now!
dipsydoodle
(42,239 posts)Last edited Mon Feb 3, 2014, 01:11 PM - Edit history (1)
Its just that they may prefer the new owners to being under Russian influence - as opposed to ownership.
Under the rules re. GDP : Debt they would be unlikely to join the Euro for some considerable period of time and would remain stuck with their own sinking currency. Whether or not they be able to afford EU goods would be a matter of conjecture.
As is the case with China the EU's main interest is with their farmland.
another_liberal
(8,821 posts)Sounds like the agricultural, Western half is for sale, parcel by parcel, to the highest bidder. A division of the Ukraine appears inevitable unless, of course, the opposing leaders decide to seriously negotiate and reach a compromise.
dipsydoodle
(42,239 posts)KIEV, February 4 (RIA Novosti) Ukrainian President Viktor Yanukovych says he is prepared to hold early presidential and parliamentary elections in the country if no other solution can be found to the ongoing political crisis, his political ally has said.
The countrys government resigned last week, and demonstrators who have occupied the center of Kiev since November are demanding the resignation of Yanukovych.
"The president said: If we politicians cant reach an agreement now
then the only democratic way of resolving the situation is early elections, Yuri Miroshnichenko, a lawmaker from Yanukovychs Party of the Regions, told Ukrainian television channel ICTV.
Miroshnichenko said the president has ruled out the use of force to liberate Independence Square, the heart of the mass anti-government protests where barricades have been erected and a protest camp set up.
"I will never do that, because these are also our citizens," Miroshnichenko quoted Yanukovych as saying.
http://en.ria.ru/world/20140204/187191582/Ukraine-Leader-Eyeing-Early-Elections-Over-Use-of-Force--Lawmaker.html
bemildred
(90,061 posts)dipsydoodle
(42,239 posts)MOSCOW, February 3 (RIA Novosti) Crisis-hit Ukraine currently owes Russia about $3.3 billion in unpaid natural gas bills, Russias state-owned gas monopoly Gazprom said Monday in an apparent reminder that the long-running conflict over the fuel has not been solved by a recent price cut agreement.
Ukraine is unlikely to pay on time for gas imported in January, Vedomosti cited President Vladimir Putins spokesman as saying in a Monday report about Ukraine falling behind with repayments.
Russia agreed to slash the gas price for Ukraine in a December bailout that was widely seen as a political reward for Ukrainian President Viktor Yanukovych after he backed away from integration agreements with the EU to instead cement closer ties with Russia.
Gazprom chief executive Alexei Miller met Ukrainian Deputy Prime Minister Yuriy Boyko in Moscow to discuss the debt issue Monday, according to a Gazprom statement.
http://en.ria.ru/russia/20140203/187164045/Ukraines-Gas-Debt-to-Russia-Rising--Report.html
Demenace
(213 posts)Wow, the opposition that could not win elections is talking about forming a government! If the opposition could form a legitimate government and take the country in the direction it wanted, why are they not asking for elections so they can get what they are asking for in a democratic way?
another_liberal
(8,821 posts)One would think they'd demand early elections, confident of their much-touted "popular support" among the Ukrainian masses.
pampango
(24,692 posts)"We are calling early presidential elections," Klitschko told a people's assembly on Independence Square in Kyiv on Sunday.
http://en.interfax.com.ua/news/general/186490.html
The TNS agency in Kiev found 51.3% of its 1,008 respondents favoured bringing President Viktor Yanukovych's term to an end and calling early elections.
The Mr Yanukovych, 63, who was elected in 2010, is only due to step down in 2015. However, protesters camped out in Kiev and cities across Ukraine are calling for him to resign.
The poll also found that 58% of respondents were in favour of early parliamentary elections.
Showing divisions between Ukrainians on foreign policy, 48% said Ukraine should reconsider its rejection of an EU partnership, but 40.3% said it should not. Asked if the protests should continue, 48% said yes and 45.1% said no.
http://www.rte.ie/news/2014/0203/501854-ukraine/
another_liberal
(8,821 posts)That is excellent news for all concerned, right?
pampango
(24,692 posts)http://www.kyivpost.com/content/politics/miroshnychenko-early-elections-in-ukraine-now-not-on-agenda-336209.html
Perhaps President Yanukovych has already agreed to early elections but I was not able to find it.
To respond to your point, however, I think once the president agrees to early elections, I would favor the protests ending so that candidates can campaign for their respective positions and the decision can be made democratically.
another_liberal
(8,821 posts)Yanukovych has to admit the situation in Kiev is wildly irregular already. Early elections (coupled with an end to protests and occupations of government buildings) would give him a victory of sorts, so as to save face. All sides could then fight it out on the election campaign trail, and let the most popular side win.
pampango
(24,692 posts)pampango
(24,692 posts)Yes, Yanukovych won the 2010 election in the second round by 48.95 to 45.47% over Yulia Tymoshenko (now in jail).
Analysts predicted a slight advantage for Tymoshenko in the second (and final) round as she was more likely to attract voters from the other 16 candidates who did not proceed to the second round. Viktor Yanukovych refused to hold debates with his opponent before the second round of voting, saying Yulia Tymoshenko should either take responsibility for every word as prime minister, or go to the kitchen.
http://en.wikipedia.org/wiki/Viktor_Yanukovych#Presidental_campaign
On 3 March 2010 Yanukovych suspended his membership in the Party of Regions. Yanukovych was barred by the Constitution from heading a political party,[21] and handed over leadership in the party and its parliamentary faction to Mykola Azarov.
Yanukovych has said, "Ukraine's integration with the EU remains our strategic aim", with a "balanced policy, which will protect our national interests both on our eastern border I mean with Russia and of course with the European Union".
http://en.wikipedia.org/wiki/Viktor_Yanukovych#First_days
The opposition did lose the 2010 election to Yanukovych. However, he did campaign on closer ties with the EU (as did his opponent Julia Tymoshenko) so he has not exactly followed through on that campaign promise. Odd that both candidates in the second round of the presidential election campaigned in favor of closer ties with the EU. They either thought that was a popular view and/or that it was best for Ukraine.
See post below.
dipsydoodle
(42,239 posts)He'd expected far more than the 1 billion offered by the EU to tide them over during the transition the total cost of which is regarded as being c. $220 billion.
He didn't sell anything to Russia in return for the $15 billion loan agreement nor for the reduced gas price which was far below the price agreed to by Yulia Tymoshenko back in 2009.
Their actual current alternative to being influenced by Russia is to become owned by the US aka Goldman Sachs & Co and the EU providing German taxpayers are prepared to cough up sufficient for secured loans / bonds - that maybe suspect.
Another possible outcome is that the Ukraine will actually be divided between the east and the west of the country into two news states and was the division of the old Czechoslovakia.
pampango
(24,692 posts)I was responding to the poster using the same language. "So, this was about selling their country to the highest bidder..." Perhaps I should have used different language to indicate that his decision was 'influenced' by the large size of the Russian loan offer compared to the small size of the EU offer. If you are implying that Russia and Putin get nothing out of this deal - that his motive is strictly altruistic - I would not share that view.
That would seem to have a pro-Russian bias. One could just as easily say "Their actual current alternative to being influenced by the US and EU is to become owned by Russia."
At any rate it is ultimately up to Ukrainian people to decide which partner they want to be 'influenced' or 'owned' (depending on whether one likes the choice they make, I suppose) by or if they want to go a third route. The suggestion of an early election may be useful. Yanukovych can campaign for the Russian loan offer as the most 'realistic' offer that holds out the hope of a better life for Ukrainians at least in the short term and the opposition can campaign for the EU option. Let the chips fall where they may.
dipsydoodle
(42,239 posts)I don't see that Russia has any interest in owning Ukraine given they have quite enough to deal with with their own 83 federations - more or less the equivalent of US states.
The sum of c. $220 billion only becomes an issue if they go with the EU the irony being that would create a Debt : GDP ratio which would lock them out of the Euro almost forever.
I'm not saying that Putin got nothing out of this deal and that his motive is strictly altruistic. The US's underlying motive is to get Ukraine into the anachronism known as NATO and Putin's the opposite.
A solution would be an agreement between the the EU, Russia and Ukraine. That for Ukraine may in fact provide an optimal solution. Russia has already approached the EU on a trade agreement.
Yes it is ultimately up to Ukrainian people to decide. I just hope they have all the facts before them when they make that decision.