European Commissioner for Enlargement and European Neighborhood Policy Stefan Fule has said that new government of Ukraine will need to enjoy sufficient trust from all sides.

"Looking ahead, the focus will be on ensuring lasting stability in the country. A new government, regardless of its composition, will need to enjoy sufficient trust from all sides," he said in Strasbourg on Wednesday during a plenary sitting of the European Parliament on the situation in Ukraine.

Moreover, Fule said "discussions on the constitution are of particular importance."

"Time is of the essence in that respect. We are ready to support the process with expertise and advice," the commissioner said.

Fule also spoke about the forthcoming presidential elections: "Conditions for free and fair presidential elections in 2015 will need to be put in place, including in particular with regard to the composition of the Central Electoral Commission and the transposition of the amendments to the law on parliamentary elections into the laws on presidential and local elections," the politician said.

"The European Union stands ready to assist all sides in advancing such a political track. In case of a positive scenario, we will be ready to extend our assistance, based on a genuine commitment to political and economic reforms, in cooperation with the IMF and other international actors. These steps are necessary in order for the Ukrainian government to ensure the country's sovereignty, stability, modernization and economic prosperity for the years to come. They are also crucial if Ukraine wishes to keep the doors open for its political association and economic integration with the European Union," Fule said, expressing the readiness of the EU to help each of Ukraine's sides.