Ukrainian President Viktor Yanukovich on Monday, Dec 24, named Serhiy Arbuzov - who has until now run the central bank - first deputy prime minister in the new government, Yanukovich's office said, according to Reuters.

Arbuzov, 36, will take over the No.2 government position from Valery Khoroshkovsky who quit the interim cabinet this month in protest against the re-appointment of Prime Minister Mykola Azarov.