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Yats Resigns!

Yats

by Shorty Dawkins

US Assistant Secretary of State for European Affairs Victoria Nuland’s personal pick to be Prime Minister, Arseniy Yatsenyuk (whom she referred to as Yats) resigned his post, as his ruling coalition fell apart when the Svoboda and UDAR parties left the coalition.

If a new coalition isn’t formed within thirty days, new elections will be called.

As if Ukraine didn’t have enough problems, this disruption will only aggravate the desperate situation.

Yatsenyuk was quoted as saying:

“In connection with the breakup of the parliamentary coalition, as well as non-adoption of a number of important bills, I announce my resignation,” Yatsenyuk said from the Verkhovna Rada’s (Ukraine’s Parliament) rostrum.

“What happened today in parliament will have very complicated, if not dramatic, consequences for the country,” he said. “It is good if I am mistaken.”

A February article in Forbes.com stated:

Ukraine’s interim prime minister, Arseniy “Yats” Yatsenyuk, may prove to be arsenic to the beleaguered nation.

“Recall the phone exchange between the Ukraine ambassador and Victoria Nuland (Assistant Secretary of State for European Affairs) that got leaked out, where she basically said ‘we want Yats in there.’ They like him because he’s pro Western,” says Vladimir Signorelli, president of boutique investment research firm Bretton Woods Research LLC in New Jersey. “Yatsenyuk is the the kind of technocrat you want if you want austerity, with the veneer of professionalism,” Signorelli said. “He’s the type of guy who can hobnob with the European elite. A Mario Monti type: unelected and willing to do the IMFs bidding,” he said.

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