Ukraine Finance Minister stepped down

Yanukovych appointed his old Ally Valery Khoroshkovsky, King of media that Ukraine’s security service for two years. Khoroshkovsky also served as Minister of the country’s economy in the Government of Yanukovych’s in 2002-4.

Yanukovych did not explain his decision, but some observers say that Khoroshkovsky’s loyalty to the President seems to be a factor in the decision. Under the leadership of Khoroshkovsky’s, security service launched a new criminal investigation of the killing have been jailed ex-Prime Minister Yulia Tymoshenko in case Western called politically motivated.

Yanukovych was reluctant to take painful measures of improving household gas bill ahead of parliamentary elections later this year and the lobby Moscow to cheaper gas.

The deal with Russia could allow Kiev to maintain gas prices domestically but talks has stalled as Moscow seeks control over Ukraine’s pipeline network in exchange for a discount. More gas Russia exports to Western Europe through Ukraine travel network.

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