You're reading: Bloomberg: Yatsenyuk resigns as Ukraine’s premier after coalition dissolves

Yatsenyuk told the parliament in Kyiv on July 24 that he's stepping down after losing his allies' backing and failing to pass legislation. Former world boxing champion Vitali Klitschko's UDAR and Svoboda, a nationalist group, said they'd leave the coalition and seek a snap parliamentary ballot, according to statements today on their websites.

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