Yanukovych reportedly pursuing single-round Ukrainian presidential election

By bne IntelliNews April 2, 2013

bne -

Ukrainian President Viktor Yanukovych is reportedly pushing to adopt a single-round presidential election in 2015, as he looks to pre-empt any attempt by the opposition to unite and mount a serious challenge.

According to a report by Ukrayinska Pravda on March 29, unnamed sources in the Party of Regions say the president hopes to push through a constitutional change to make the next election a one shot deal.

According to recent polls, none of the parties expected to contest the election will surpass the 50% support needed to win in a first round. However, if elections were held tomorrow, Yanukovych would win a straight race, followed closely by UDAR party leader and world boxing champion Vitali Klitschko.

According to current opinion polls, 20.7% of respondents would vote for Yanukovych, 14.4% for Klitschko, 11.3% for Batkivschyna faction leader Arseniy Yatseniuk, 6.6% for Svoboda Party leader Oleh Tiahnybok, and 4.8% for Communist Party leader Petro Symonenko.

The move to make it a single-round race suggests Yanukovych is afraid of facing Klitschko - or another opponent - in a second round run off. While the president enjoys solid support from his constituency of Russophiles, the opposition vote in western Ukraine is split by several viable candidates. However, in a run off the opposition is like to rally around any opponent to the incumbent.

In addition, Yanukovych's Party of Regions will try to dissolve the uncontrollable Verkhovna Rada after a constitutional referendum imposing a double-chamber legislature. The lower chamber will be elected on the first-past-the-pole system, which would guarantee Regions a win. The referendum law passed last year envisages direct implementation of its results.

The moves are part of Yanukovych's on-going attempt to undo the pillars of democracy and ensure his continued grip on power.

Related Articles

Ukraine's largest PrivatBank faces down nationalisation fears

Graham Stack in Kyiv - Ukraine's largest lender PrivatBank has survived a stormy week of speculation over its future, but there are larger rocks ahead, with some market participants anticipating the ... more

bne:Chart - Russia begins to steady the ship according to latest Despair Index

Henry Kirby in London - Ukraine and Russia’s latest “Despair Index” scores suggest that the two struggling economies could finally be turning the corner, following nearly two years of steady ... more

Austria's Erste rides CEE recovery to swing to profit in Jan-Sep

bne IntelliNews - Erste Group Bank saw the continuing economic recovery across Central and Eastern Europe push its January-September financial results back into net profit of €764.2mn, the ... more

Register here to continue reading this article and 2 more for free or purchase 12 months full website access including the bne Magazine for just $119/year.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

To continue viewing our content you need to complete the registration process.

Please look for an email that was sent to with the subject line "Confirmation bne IntelliNews access". This email will have instructions on how to complete registration process. Please check in your "Junk" folder in case this communication was misdirected in your email system.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

If you have any questions please contact us at sales@intellinews.com

Subscribe to bne IntelliNews website and magazine

Subscribe to bne IntelliNews website and monthly magazine, the leading source of business, economic and financial news and commentary in emerging markets.

Your subscription includes:
  • Full access to the bne content daily news and features on the website
  • Newsletters direct to your mailbox
  • Print and digital subscription to the monthly bne magazine
  • Digital subscription to the weekly bne newspaper

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

bne IntelliNews
$119 per year

All prices are in US dollars net of applicable taxes.

If you have any questions please contact us at sales@intellinews.com

Register for free to read bne IntelliNews Magazine. You'll receive a free digital subscription.

Already a subscriber or registered - click here to recover access.

If you a IntelliNews Pro user - click here to login.

Thank you. Please complete your registration by confirming your email address.
A confirmation email has been sent to the email address you provided.

IntelliNews Pro offers daily news updates delivered to your inbox and in-depth data reports.
Get the emerging markets newswire that financial professionals trust.

"No day starts for my team without IntelliNews Pro" — UBS

Thank-you for requesting an IntelliNews Pro trial. Our team will be in contact with you shortly.

Dismiss