KIEV, February 27. /ITAR-TASS/. Ukraine is on the verge of political and economic collapse, Arseniy Yatsenyuk, the leader of the parliamentary faction of the Batkivshchina party, said Thursday.

Ukraine has seen its president, Viktor Yanukovych, ousted in the latest wave of mass anti-government protests, which were underway in Ukraine since November 2013, when Ukraine’s authorities refused to sign an association agreement with the European Union in favor of closer ties with Russia.

Yatsenyuk, who is a candidate for the post of Ukraine’s prime minister, said the economic situation in the country would not improve fast.

“The Ukrainian coffers have been embezzled and are empty. I don’t promise improvement today or tomorrow. The task of the government is to stabilize the situation,” he said.