: :inin Kyiv (EET)

Ukraine’s stability under threat after dismissal of tycoon

KIEV, Ukraine — In a major test of Ukraine’s fragile political stability, President Petro Poroshenko’s Wednesday dismissed a billionaire regional ally who had established his own power base near the front-lines of pro-Russian rebels.

Kolomoisky, one of Ukraine’s richest men, had been a staunch backer of Kiev, widely credited for using his vast resources to fend off challenges from pro-Russian rebels who have been fighting the government in the east of the country for nearly a year.

[…] in recent days, simmering tensions between the president and Kolomoisky exploded into view after the government moved to take control of two vital energy …read more

Source: San Francisco Chronicle

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