The Ukrainian Prime Minister tendered his resignation on Thursday, after upbraiding fellow politicians.
Ukrainian's President has urged the EU to take tough action against Russia over the separatist conflict in Ukraine's eastern regions.
The Ukrainian President has told CNBC his country will 'defend itself' against Russia if it fails to de-escalate tensions in east Ukraine by Monday.
As tensions over Ukraine continue to build, the risk of a flashpoint that could trigger violence between Russia and the West may be growing.
Crimea may seem a nondescript piece of land to fight over – but its strategic position has made it a battleground between Russia and the West before.
Ousted Ukrainian President Viktor Yanukovych said "nationalist, pro-fascist gangsters" had forced him from power.
Military muscle flexing by Russia accentuated risk aversion in global markets on Thursday, with investors once again rushing for safe havens.
Fears of a bank run in Ukraine are rising, as central bank reserves sink and some 7 percent of bank deposits were lost in just 3 days.
A warrant for the arrest of Ukraine's former president Viktor Yanukovych has been issued, according to the acting interior minister.
Ukraine now faces the risk of debt default as the country tries to get back on its feet following the ousting of Viktor Yanukovych at the weekend.
Ukraine's ousted president Viktor Yanukoyich is wanted for the "mass murder of peaceful citizens", the acting interior minister said. CNBC's Michelle Caruso-Cabrera reports.
A IMF bailout package for Ukraine would have a "lot of strings attached" says CNBC's Michelle Caruso-Cabrera -- and could lead to the collapse of its banking system.
Concern of prolonged political unrest in Ukraine is raising fears of a sovereign default, fueling demand for safe-haven assets including bullion.
President Viktor Yanukovych signed a deal with Ukraine's opposition leaders on Friday brokered to end the deadly violence that put the country on the brink of civil war.
Ukraine's presidency claims to have reached a deal following overnight talks to end the crisis which has seen dozens killed.
With at least 21 civilians killed, dozens of police dead or wounded and an overnight truce in shatters, events in Ukraine moved quickly on Thursday.
The EU has called an extraordinary meeting of its foreign ministers on Thursday as the violence in Ukraine escalates.
Violent clashes broke out in Kiev on Tuesday as protesters confronted police near to the Ukrainian capital's parliament building.
Ukrainian President Viktor Yanukovich has gone on sick leave, his website said on Thursday, as the country's political crisis continues.