According to him, the country's problems are not limited to political gridlock because Ukraine is also going through economic, monetary and security crises.
"The political crisis is something that is wrapped around it all, and the situation itself looks like the most profound and, to some extent, most hopeless crisis since the early 1990s," Yushchenko said.
He pointed the finger at the Ukrainian authorities for the ongoing chaos.
"The political coalition, namely, the party of power, bears the responsibility for what is now happening in the country," Yushchenko pointed out.
He also pointed to the Ukrainian currency, the hryvnia, losing 350 percent of its value within the past 18 months, which Yushchenko said indicates the opening of "a second front" of the war, which is "more frightful that the first military front."
This is an especially sore spot for the former president; Ukraine's currency was introduced when Yuschenko was chairman of the National Bank of Ukraine between 1993 and 1999 and Ukrainians know him as the "father of the hryvnia".
His remarks came after Ukrainian Prime Minister Arseniy Yatsenyuk described the ongoing political crisis in his country as "artificial", and urged the Ukrainian society to continue on a reform course.
Ukraine's southeast has been engulfed in a conflict since April 2014, after Kiev launched a military operation to suppress local militia who were resisting a government they claim was installed in a coup.
Washington and its allies accused Moscow of fueling the conflict and introduced several rounds of sanctions against Russia. Moscow has consistently denied the allegations.
