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Leaders agree Ukraine peace roadmap but scepticism remains
Feb13

Leaders agree Ukraine peace roadmap but scepticism remains

KIEV (AFP) – The leaders of Ukraine, Russia, France and Germany on Thursday agreed a roadmap aimed at ending a 10-month war between Kiev and pro-Moscow rebels, but scepticism loomed large as the West warned much work still needed to be done.After a marathon summit in the Belarussian capital Minsk, Russian President Vladimir Putin said he,...

Ukraine cease-fire deal, ongoing Greece talks lift euro
Feb13

Ukraine cease-fire deal, ongoing Greece talks lift euro

WASHINGTON (AFP) – A cease-fire in Ukraine negotiated overnight and an agreement by Greece and the Eurogroup to return to talks gave a solid boost to the euro over the dollar Thursday.The common currency gained 0.8 percent on the US dollar from late Wednesday, to $1.1406, even though some doubts hung over what was achieved in the parallel...

US says Ukraine deal ‘potentially significant’
Feb12

US says Ukraine deal ‘potentially significant’

WASHINGTON (AFP) – The United States cautiously welcomed a brokered ceasefire in the 10-month war between Ukraine and pro-Moscow rebels Thursday, but insisted the deal must be implemented and honored.The agreement represents a potentially significant step toward a peaceful resolution of the conflict and the restoration of Ukraines...

Ukraine peace roadmap agreed, but Europe sceptical
Feb12

Ukraine peace roadmap agreed, but Europe sceptical

A new peace roadmap aimed at ending the 10-month war between Ukraine and pro-Moscow rebels was agreed in Belarus Thursday, but Germany’s Chancellor Angela Merkel warned that “big hurdles” remained. Russian President Vladimir Putin emerged from the summit in the Belarussian capital Minsk, saying he, Merkel, French President Francois Hollande...

Leaders agree at Minsk peace summit
Feb12

Leaders agree at Minsk peace summit

MINSK- Germany, France, Russia and Ukraine agreed a deal today that offers a “glimmer of hope” for an end to fighting in eastern Ukraine after marathon overnight talks. But all four leaders said there was a long way to go and accusations from Kiev of a new, mass influx of Russian armour into rebel-held eastern Ukraine further...

A look at who got what in peace deal for eastern Ukraine
Feb12

A look at who got what in peace deal for eastern Ukraine

MINSK, Belarus: (AP) – The peace deal for eastern Ukraine agreed Thursday sets clear deadlines for a cease-fire and the withdrawal of heavy weapons, but resolution of the main political and economic issues behind the conflict was made conditional on a series of difficult steps and put off until the end of the year.The deal made by the...

Ukraine gets new bailout deal from IMF
Feb12

Ukraine gets new bailout deal from IMF

BRUSSELS: (AP) – The International Monetary Fund has agreed to give Ukraine a new bailout deal worth 15.5 billion euro ($17.5 billion) that could climb to around $40 billion over four years with help from other lenders like Europe and the U.S.Ukraine has so far received $4.6 billion as part of an earlier $17 billion aid package the IMF...

Key points of new Ukraine peace plan
Feb12

Key points of new Ukraine peace plan

MINSK (AFP) – Kiev and pro-Russian rebels agreed a peace roadmap Thursday after marathon negotiations in Minsk involving the leaders of France, Germany, Russia and Ukraine.The new agreement notably calls for a ceasefire starting on Sunday and an expanded buffer zone around the frontline, with the withdrawal of heavy weapons.The plan, which...

Putin says rebels want encircled Ukraine troops to surrender
Feb12

Putin says rebels want encircled Ukraine troops to surrender

MINSK – Russias President Vladimir Putin said on Thursday that pro-Russian rebels had encircled up to 8,000 Ukrainian troops and expected them to surrender ahead of a ceasefire.Of course, they (rebels) proceed from the assumption that this group will lay down arms and stop putting up resistance, Putin said after marathon talks with the...

European stocks rally on Greece, Ukraine hopes
Feb12

European stocks rally on Greece, Ukraine hopes

LONDON (AFP) – European stocks rallied and the euro rose against the dollar on Thursday, as markets held out hope for a deal over Greeces bailout after high-level talks ended without agreement.Traders meanwhile cheered a ceasefire deal for Ukraine, which also won a significant financial rescue and loan package.Londons benchmark FTSE 100...