26 May 2014
Poroshenko wins Ukraine's election in landslide victory
FXStreet (Bali) - Billionaire Petro Poroshenko won the Ukranian election in a landslide victory, according to exit polls, with over 55% of the votes vs 12% for the second place finisher, giving the new country's chief a clear mandate to help stabilize the political situation.
As Bloomberg notes: "Poroshenko has flaunted his business acumen and promised to boost wages by nurturing employment and gearing the economy toward Europe through a free-trade pact. The tycoon says he’s the man to unite the country and lead it out of the current unrest."
“Our first step will focus on ending the war, chaos and disorder,” Poroshenko told reporters at his campaign headquarters in Kiev, pledging to visit the troubled eastern regions and to work with Russia to resolve the conflict. “This will bring peace to a united Ukraine.”
One of the main issues Poroshenko will have to deal with will be to ease tensions in the East, where the separatists' insurgency continues to be a major destabilizing problem.
As Bloomberg notes: "Poroshenko has flaunted his business acumen and promised to boost wages by nurturing employment and gearing the economy toward Europe through a free-trade pact. The tycoon says he’s the man to unite the country and lead it out of the current unrest."
“Our first step will focus on ending the war, chaos and disorder,” Poroshenko told reporters at his campaign headquarters in Kiev, pledging to visit the troubled eastern regions and to work with Russia to resolve the conflict. “This will bring peace to a united Ukraine.”
One of the main issues Poroshenko will have to deal with will be to ease tensions in the East, where the separatists' insurgency continues to be a major destabilizing problem.