Hennadiy Balashov


Hennadiy Viktorovych Balashov is a Ukrainian businessman, blogger, politician and leader of 5.10 political party. He is an advocate of a radical reform of Ukraine's tax system, so-called "Tax Paradise for humanity".

Biography

During Euromaidan events, Balashov sided with the protesters and was actively campaigning for his ideas, calling for the introduction of 5.10 system. At the beginning of March, as the crisis in Crimea was deepening, he travelled to Simferopol, but was kidnapped by allegedly local self-defense forces. Upon his release and return to Kiev, Balashov said that he was kidnapped, robbed and was being beaten for eight hours by local bandits.

2014 Ukrainian presidential election

In the early elections of the President of Ukraine in 2014, Gennadiy Balashov and his party "5.10" supported Petro Poroshenko in order not to let Yulia Tymoshenko win the election.

2019 Ukrainian presidential election

On 19 September 2018, the leader of the 5.10 party, Gennadiy Balashov, announced his intention to nominate his candidature for the presidential election of Ukraine on 31 March 2019.
Balashov urged party members and party supporters to finance his election campaign through contributions to the party account. The reports of the party indicated that at the beginning of 2019 1.2 million UAH were collected. This is 47% of the collateral, which should be submitted by the candidate to the CEC for registration. Balashov pledged to add the rest of his own money.
On 15 January, registration documents were submitted to the CEC. On 18 January, the CEC approved the candidate.

Family

Balashov has a wife and three children – daughters Julia, Darina and son Gennady.

Awards and honors