Kiev, Feb. 8 (Bloomberg).─ A gap between Ukraine's presidential candidates Viktor Yanukovych and Yulia Tymoshenko narrowed to less than 4% after 70.30% of votes were counted, the Central Election Commission said.
Opposition leader Yanukovych was ahead with 49.07% of the vote, while Prime Minister Tymoshenko gained 43.77%.
Ukraine's Central Election Commission said that, the voter turnout was 69%, slightly more than in the January 17 first round that saw Yanukovych gain 35.32% of the vote and Tymoshenko 25.05%.
Uncertainty may be prolonged after Timoshenko accused Yanukovych of fraud and promised to challenge the result. Yanukovych, meanwhile, may call early parliamentary elections to unseat her as head of government and form his own coalition with a handpicked premier.
Confrontation Ahead
“We are likely to see heavy confrontation from Timoshenko in the courts and probably on the streets,” said Fyodor Bagnenko, the director of equity sales at Dragon Capital, Ukraine’s largest brokerage, in an e-mail to Bloomberg. “She is not going down easy, for sure.” ...
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