- Ukrainian President Viktor Yanukovich has pledged to hold early elections, form a national unity government and bring back his country's 2004 constitution, which would reduce his powers.
- However, it's not clear whether Yanukovich's promises will be enough to bring an end to the violent anti-government protests that have left dozens dead. While his proposals represent major concessions, they don't include the main demand of the demonstrators - that he quit.
- Ukraine's PFTS stock index is +5.7%.
- See also: S&P downgrades Ukraine
- ETFs: GUR, ESR
Ukrainian President makes concessions but doesn't quit
Feb 21 2014, 07:09 ET