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Embattled Ukraine PM steps down after losing majority

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Embattled Ukraine PM steps down after losing majority
Embattled Prime Minister of Ukraine Arseniy Yatsenyuk, has decided to throw in the towel after his coalition partners backed out of forming a new government.
Yatsenyuk who survived a no-confidence vote in February made the announcement in his weekly televised address on Sunday.
Yatsenyuk said his resignation would be formally submitted to parliament on Tuesday and it now opens the way for the formation of a new government to end a drawn-out political crisis.
Yatsenyuk and his cabinet have been under fire over the worsening economy and slow pace of reforms and after his government survived a no-confidence vote in February two parties left the governing coalition to protest the failure to oust the prime minister.
“From today I see my goals as broader than the powers of the head of the government,” Yatsenyuk said.
He said he would focus on passing a new electoral law, enacting constitutional and judicial reform, and ensuring “the coalition’s control over the course of a new government.”
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