Viktor Pinzenyk resigned from the Cabinet

The confrontation on budget matters between Premier-Minister Yulia Timoshenko and Minister of Finance Viktor Pinzenyk finished yesterday by resignation of the latter. He said he does not see a sense to occupy the office of Minister of Finance any more. The Premier-Minister treated this as a sign of weakness in extreme conditions and has started selection of candidates for Mr. Pinzenyk replacement. A banker Sergiy Tigipko or the first Vice-premier Minister Alexander Turchinov can become a new Minister of Finance.

...President of Ukrainian Society of Financial Analysts, Yuriy Prozorov supposes that in current situation the Ministry must be led not by a businessman but by one of the current deputies to minister: “We are in that situation when it is necessary to take urgent decisions, and in Ukraine there is neither Minister of Finance nor Head of NBU in fact".

The source: Commersant