"Sooner rather than later elections in Ukraine will be unavoidable. Such instability can be only partially, if it all possible, overcome through new elections and new leadership as the country is economically and politically a fallen state and de facto bankrupted state," Marton Gyongyosi, who is vice chairman of the Foreign Affairs Committee of the Hungarian National Assembly, said.
Ukraine's Verkhovna Rada is set to consider Yatsenyuk's resignation on Tuesday, as well as forming a new coalition and possibly appointing a new government. The Petro Poroshenko Bloc has nominated speaker of the Ukrainian parliament Volodymyr Groysman for the post of Prime Minister.
The Ukrainian government has been in turmoil since early February when the country’s economic development minister resigned citing the slow pace of change and widespread government corruption. Five other ministers initially followed his lead but later rowed back on their intention to quit.