Section: New Europe (EU)
Latvia’s banking reputation at risk
Author(s): NEOnline | TB latvia_bank.jpg The reputation of Latvia’s financial institutions (traditionally a banking hub for the former Soviet Union) could come under threat due to the conflict in Ukraine, according to the Baltic International Bank. In an interview with local media, Valeri Belokon, the bank’s chairman, warned if the...
Ukraine: the separatist onslaught continues
Author(s): Dan Alexe Debaltseve.jpg Russian President Vladimir Putin has urged Kiev to allow Ukrainian soldiers who are encircled in an eastern Ukrainian town to surrender to rebel forces. The separatists claim the recent truce does not apply to the battle front at Debaltseve. Ukraine’s Defense Ministry said some government troops were...
Slovakia planning peace conference on Ukraine
Author(s): NEOnline | TB fico.jpg Slovak Prime Minister Robert Fico announced plans to host a high-level peace conference on Ukraine next month. Fighting has escalated as pro-Russian forces trying to take control of the eastern Ukraine town of Debaltseve. Fico, the leader of the Direction-Social Democracy party of Slovakia since 1999, was...
Kazakhstan’s assembly calls for early presidential election
Author(s): NEOnline | TB kazakhstan_n.jpg A proposal to hold early presidential elections this year was tabled by the Assembly of the People of Kazakhstan, a body representing more than 800 of the country’s ethnic groups and headed by the current president, Nursultan Nazarbayev. Members of the assembly (also known as the APK), who met on...
Oil prices rise on back of industry spending cuts, Ukrainian truce
Author(s): Kostis Geropoulos p12c.jpg On February 13, oil rose above $60 a barrel for the first time this year, supported by signs that more energy industry spending cuts may curb excess supply. …read more Source: New...
After IMF loan, Gazprom wants Ukraine to settle debt
Author(s): Kostis Geropoulos p28web.jpg Russian gas monopoly Gazprom said on February 12 it was time Ukraine’s national oil and gas company settled its debt. Earlier in the day, the International Monetary Fund (IMF) agreed to throw a new $17.5 billion lifeline to Ukraine as a renewed cease-fire and an overall agreement to end the war in...
Poroshenko accepts peace plan, but part of Russian demands "unacceptable”
Author(s): Dan Alexe Poproshenko Merkel.jpg Ukrainian President Petro Poroshenko said there is “no good news” so far at marathon Minsk peace talks aimed at ending the fighting in eastern Ukraine and that the Russian position at the summit is “unacceptable.” Ukrainian President Petro Poroshenko also said the talks in Minsk...
Poroshenko – Russian position at the summit "unacceptable."
Author(s): Dan Alexe Poproshenko Merkel.jpg Ukrainian President Petro Poroshenko said there is “no good news” so far at marathon Minsk peace talks aimed at ending the fighting in eastern Ukraine and that the Russian position at the summit is “unacceptable.” Ukrainian President Petro Poroshenko also said the talks in Minsk...
Possible deal on Ukraine to be signed in Minsk on Thursday
Author(s): Dan Alexe h_51793792.jpg Russia’s state-owned RIA Novosti news agency is citing Foreign Minister Sergei Lavrov as saying that a possible deal in Minsk won’t be signed “today,” but maybe “tomorrow”, Thursday. The talks in Minsk are brokered by German Chancellor Angela Merkel and French President Francois...
No pre-agreement in Minsk
Author(s): Dan Alexe h_51793328.jpg The leaders of France, Germany, Russia and Ukraine have arrived for crucial peace talks in the Belarusian capital, Minsk. The talks, brokered by German Chancellor Angela Merkel and French President Francois Hollande, aim to negotiate a deal to end hostilities in eastern Ukraine, where more than 5,300 people...
