Monday 26 May 2014

Billionaire Poroshenko Triumphs in Ukrainian Elections - Bloomberg #EuroMaidan

Billionaire Poroshenko Triumphs in Ukrainian Elections - Bloomberg:



"Ukrainian billionaire Petro Poroshenko was set to win presidential elections, handing him the task of stemming deadly separatist violence that’s threatened to rip the former Soviet republic apart.



Poroshenko received 54.26 percent of yesterday’s vote with 20.42 percent of ballots counted, according to Ukraine’s central electoral commission in Kiev, set to gain the simple majority needed to avoid a runoff election. Ex-Prime Minister Yulia Tymoshenko was second of the 21 candidates with 13.16 percent. Those counts were in line with two exit polls. While most in Ukraine’s easternmost regions didn’t vote, Poroshenko’s success was welcomed in the U.S. and Europe. 




“The first-round victory shortens the period of uncertainty and stabilizes the system of governance,” Yuriy Yakymenko, head of political research at the Razumkov Center, said by phone from Kiev. “Ukraine gets a legitimate president and the tools to influence the situation in the east.”"



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