(London Post) Prime Minister Arseniy Yatsenyuk has resigned his post, paving the way for a new government. The embattled prime minister has seen his approval ratings plunge.
The vote came after President Petro Poroshenko asked Yatsenyuk to step aside. The prime minister’s public approval ratings have plunged to single digits.
Yatsenyuk said Poroschenko’s political bloc would nominate parliamentary speaker Volodymyr Groysman to be the next prime minister.
Yatsenyuk became prime minister in 2014, shortly after protests in Ukraine succeeded in ousting former President Viktor Yanukovych.
But the hopes born out of the pro-EU Maidan protests have been shattered by war with pro-Russian separatists in the east and economic suffering.
The Ukrainian government has failed to battle endemic corruption, cronyism and powerful oligarchs, causing both the public and the country’s Western backers to loose faith in the government.
Europe and the United States have called for sweeping reforms for the country to receive much needed international financial aid.
If parliament fails to form a new coalition government and agree on a prime minister the country could head to early elections, something both Poroshenko and Ukraine’s Western backers have sought to avoid amid concern it would slow down reforms and lead to further instability.