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June 08, 2014 AT 9:33 AM
Ukraine's new president Petro Poroshenko said his country would never give up Crimea and would not compromise on its path towards closer ties with Europe, spelling out a defiant message to Russia in his inaugural speech on Saturday. The 48-year-old billionaire took the oath of office before parliament, buoyed by Western support but facing a crisis in relations with Russia as a separatist uprising seethes in the east of his country.