Yushchenko Postpones Election Until December 14
Due to a severe economic downturn, Ukraine’s President Viktor Yushchennko postponed the upcoming pre-term parliamentary election by one week, to December 14.
Yushchenko issued a decree to allow the now dissolved Parliament to work for several days on legislation to aid the country’s economy, which has been hit hard by the world financial crisis. The decree also set up a 1 billion hryvnia fund ($200 million) to help Ukraine’s banking sector.
The election delay is most likely due to Prime Minister Yulia Tymoshenko’s attempts to block preparations for the vote. The original December 7 date cannot be met due to appeals filed by Tymoshenko in court.
Yushchenko issued a decree to allow the now dissolved Parliament to work for several days on legislation to aid the country’s economy, which has been hit hard by the world financial crisis. The decree also set up a 1 billion hryvnia fund ($200 million) to help Ukraine’s banking sector.
The election delay is most likely due to Prime Minister Yulia Tymoshenko’s attempts to block preparations for the vote. The original December 7 date cannot be met due to appeals filed by Tymoshenko in court.
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