News Manager
Milforums News Bot
By Pavel Polityuk and Natalia Zinets KIEV (Reuters) - Ukraine's parliament rejected Prime Minister Arseny Yatseniuk's resignation on Thursday and finally passed legislation he said was needed to finance an army offensive against a separatist rebellion in the east and avert a national default on its debts. The assembly's about-turn on laws it refused to back a week earlier offers relief to Kiev's Western backers, who had feared Ukraine was sliding deeper into political chaos and might renege on an international bailout as it heads into an election period. The first is that Argentina has defaulted, and the second is that Ukraine has not defaulted and never will," Yatseniuk told the chamber, making clear he would stay in office. The political battle has been taking place against the backdrop of a military campaign to win back parts of the Donbass region, which borders Russia, from the pro-Moscow rebels.More...