Following a proposal from Supreme Rada Speaker Arseniy Yatsenyuk on behalf of parliamentary factions, Ukrainian President Viktor Yushchenko submitted Tymoshenko's candidacy for prime minister for a second time earlier in the day. Parliament failed to appoint the pro-Western 'orange' coalition leader by one vote Tuesday.
Yosyp Vynsky from the Tymoshenko bloc told the press all five parliamentary factions had agreed not to go ahead with Wednesday's session at a conciliation board meeting.
"All five factions have agreed tomorrow at 10:00 a.m. [8:00 a.m. GMT] to continue work in the form of talks," Vynsky said adding that a decision would be made later when the Supreme Rada holds its next plenary session.
Tymoshenko, 47, was nominated for the post by a coalition of her eponymous party and the pro-presidential Our Ukraine bloc after the groups won a total of 227 seats in the September elections, one vote above the 226 votes required to form a majority in the 450-seat Supreme Rada.
President Yushchenko approved Tymoshenko, whom he sacked after about eight months at the post of premier in 2005. The two reconciled in the run-up to the parliamentary elections in a bid to end a year-long political crisis in the ex-Soviet state.