Ukrainian Lawmakers Approve Sorkin as Central Bank Governor

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Ukrainian lawmakers approved President Viktor Yanukovych’s candidate to head the central bank as the former Soviet republic prepares to welcome International Monetary Fund officials for talks over a new bailout this month.

A bill nominating Ihor Sorkin, named acting governor after Serhiy Arbuzov was promoted to first deputy prime minister in December, was backed by 231 lawmakers in the 450-seat legislature in the capital, Kiev. Parliament yesterday failed to back a decree dismissing Arbuzov and appointing Sorkin as 30 deputies were absent.