I beat Callinicos to the punch:

The protest movement seems to have been motivated by a mixture of 
opposition to Yanukovych, illusions in “Europe”, hatred of all the 
oligarchs and their political cronies, and the Western version of 
Ukrainian nationalism, which gave an important opening to the extreme 
right.16 The influence of the far-right, and their presence in the new 
government, dangerous though it is, does not mean Yanokovych was the 
victim of a “fascist coup”, as not simply Russian nationalists but many 
on the Western left claim. He fell because oligarchs—notably Rinat 
Akhmetov and Dmitry Firtash—who had been key backers of his Party of the 
Regions reacted to the popular mobilisation by withdrawing their support 
and instructing the deputies they controlled to vote for his removal by 
the Ukrainian parliament.17 Some oligarchs have been rewarded by the new 
government by being appointed governors of eastern provinces.

full: http://www.isj.org.uk/index.php4?id=959#142analysis22
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