The Radical Party's parliamentary faction is ready to take part in the formation of a new coalition in parliament, Radical Party leader Oleh Liashko said.

"When those who rule the country are unable to find a common solution and unable to build the country, we're offering an action plan, we're ready to take part in the formation of a new [parliamentary] coalition, in new program of action, in the formation of a new government that will be able to pull the country out of the abyss," he said in parliament on Thursday.

At the same time, Liashko said that his faction still belongs to the opposition.

As was reported, five factions in the Verkhovna Rada of the 8th convocation decided to create a parliamentary coalition on November 27, 2014. The parliamentary majority was formed from the factions of the Bloc of Petro Poroshenko, the People's Front, the Samopomich Party of Andriy Sadovy, the Batkivschyna Party of Yulia Tymoshenko, and the Radical Party of Oleh Liashko.

Late in 2015, the Radical Party's faction pulled out of the coalition. Batkivschyna announced its withdrawal from the coalition on February 17, 2016. The Petro Poroshenko Bloc said they would not withdraw their signatures from the coalition agreement, however, they confirmed the actual breakup of the ruling coalition.

At the same time, Petro Poroshenko Bloc faction leader Yuriy Lutsenko said that the Radical Party's faction might become a full-fledged coalition member again, noting that Liashko had not withdrawn his signature from the coalition agreement.

Ukrainian Prime Minister Arseniy Yatseniuk said talks to reshape the government and update the coalition agreement were under way with different political forces, including the Radical Party's faction.