Collapse of Ukraine Government: Prime Minister Yatsenyuk Resigns amidst Pressures Exerted by the IMF

[unhappycamper]

http://www.opednews.com/articles/Collapse-of-Ukraine-Govern-by-Michel-Chossudovsk-Crisis_Economy_International_Resignation-140724-810.html



Arseniy Yatsenyuk

Collapse of Ukraine Government: Prime Minister Yatsenyuk Resigns amidst Pressures Exerted by the IMF
By Michel Chossudovsky
OpEdNews Op Eds 7/24/2014 at 22:15:56

Ukraine's Prime Minister Arseniy Yatsenyuk announced his resignation in the Rada (Parliament) and that of the entire Cabinet on Thursday, July 24. This decision was taken following the withdrawal of two parties from the coalition government and the non-adoption of two important pieces of legislation, which had been demanded by the International Monetary Fund (IMF)

~snip~

The resignation of the Prime Minister signifies the collapse of the government and the resignation of the entire cabinet.

~snip~

"The parliament must adopt amendments to the state budget needed to finance our army and also documents needed for cooperation with international financial institutions. (e.g. IMF, World Bank, EBRD)" said PM Yantsenyuk. (emphasis added)

The entire country is in an impasse. No money will be forthcoming from the IMF until this legislation is adopted. In the meantime, Ukraine remains on the blacklist of its external creditors.