Ukraine's president announces re-election bid

Ukraine’s President Petro Poroshenko announced on Tuesday he will run for a second five-year term in March elections. The 53-year-old confectionary magnate and one of Ukraine’s richest men has steered the country on a pro-Western and pro-NATO course since coming to power in the aftermath of the 2014 Maidan protests and Russia’s annexation of Crimea, news wires reported.

Among his policy priorities, Poroshenko said Ukraine would apply to join the EU by 2024 and that a special court to try corruption cases would be up and running this year. His popularity has dwindled over patchy efforts to tackle corruption and his failure to end the conflict in the eastern Donbass region that has killed more than 10,000 people. He has also failed to raise living standards in one of Europe’s poorest countries.

Poroshenko, however, may be a more predictable option for investors than his nearest challengers such as former PM Yulia Tymoshenko or Volodymyr Zelenskiy, a political novice who achieved fame as a comic actor.


Similar articles

  • North Korea's Kim arrives in Russia before summit with Putin

    North Korea's Kim arrives in Russia before summit with Putin

    The NK leader looks to Russia as sanctions bite North Korea's economy and US nuclear diplomacy stalls

    North Korean leader Kim Jong-un arrived in Russia on Wednesday morning for his much-anticipated summit with President Vladimir Putin in the Pacific port city of Vladivostok. Photos, published by North Korean media showed the leader saluting an honor guard and waving to people carrying flowers at a rail station before boarding his khaki-green armored train for the lengthy journey. Russian news agency TASS also confirmed Kim's arrival at the Hasan train station after crossing the border.

  • Comedian wins presidency in Ukraine

    Comedian wins presidency in Ukraine

    Ukraine entered uncharted political waters on Monday after near final results showed a comedian with no political experience and few detailed policies had dramatically up-ended the status quo and won the country’s presidential election by a landslide. The emphatic victory of Volodymyr Zelenskiy, 41, is a bitter blow for incumbent Petro Poroshenko who tried to rally Ukrainians around the flag by casting himself as a bulwark against Russian aggression and a champion of Ukrainian identity.

  • Ukrainian presidential candidates trade insults in rowdy stadium debate

    Ukrainian presidential candidates trade insults in rowdy stadium debate

    The two men vying to be Ukraine’s next president traded insults in a raucous debate on Friday in front of thousands of supporters before an election that could put a comedian with no political experience in charge of a country at war. The debate, held in a hulking football stadium, was one of the last opportunities for incumbent President Petro Poroshenko to try to overhaul a significant lead in the opinion polls enjoyed by his challenger Volodymyr Zelenskiy, a comic.