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![[Ticker] EU extends Russia sanctions](https://press.uaposition.com/wp-content/uploads/2014/06/EUobserver-240x240.jpg)
[Ticker] EU extends Russia sanctions
The EU has formally extended the duration of economic sanctions on Russia by six months until 31 July 2017, citing Russia’s non-compliance with the so-called Minsk ceasefire accord in Ukraine. The move comes after a weekend in which Russia-controlled forces killed six Ukrainian soldiers in east Ukraine. Russian PM Dmitry Medvedev said...
[Ticker] EU hails ‘courageous’ Ukraine bank rescue
EU foreign relations chief Federica Mogherini welcomed Ukraine’s decision to nationalise its largest lender, Privatbank, as a “bold and courageous move” at a press conference in Brussels on Monday. Ukrainian economy and trade minister Stepan Kubiv, also in Brussels, assured depositors that their money was safe. The bank, said to...
Ukraine defends nationalization of biggest bank
Ukrainian Deputy Prime Minister Stepan Kubiv defended the emergency nationalization of the country’s largest bank Monday, saying the takeover was transparent and based on international valuations. The takeover of Privatbank is certain to prompt debate because one of its main owners, the oligarch Ihor Kolomoisky, has clashed repeatedly...
[Ticker] Ukrainian government nationalises biggest bank
Ukraine on Sunday nationalised the country’s biggest bank, PrivatBank, to prevent a potential financial meltdown. The Ukrainian government said in a statement that it was now the single owner of the bank and guaranteed its clients’ deposits. PrivatBank was owned by Igor Kolomoyskiy, an early target of Ukrainian president Petro...
Russian influence looms over Germany’s election
BERLIN — Long before the CIA and FBI came to the public conclusion last week that the Kremlin had interfered in the U.S. presidential election with the aim of helping Donald Trump, a senior German intelligence official told colleagues that Russia was interfering in German politics. The federal security agency had observed “active measures” from...
ExxonMobil helped defeat Russia sanctions bill
ExxonMobil successfully lobbied against a bill that would have made it harder for the next president to lift sanctions against Russia, clearing the way for the oil giant to restart a program worth billions of dollars if Donald Trump eases those restrictions as president. The company’s effort could be helped by outgoing CEO Rex...
How the Dutch Left blew it
ROTTERDAM, The Netherlands — Ahmed Aboutaleb was giving a lot of Dutch politicians sleepless nights earlier this year. A moderate Muslim of Moroccan descent, the mayor of Rotterdam is the most popular politician in the country. Had he entered the fray as his party’s candidate in the Netherlands’ national...
Europe hunkers down for Hurricane Donald
Out of the frying pan and into the fire. After a year scarred by referendums that hurled defiance at Brussels, climaxing in Britain’s June vote to quit the bloc, the European Union is bracing for more storms in 2017, starting with the landfall of “Hurricane Donald” from across the Atlantic. The U.S. president-elect was the elephant in the...
Freudlos in die Ferien
Es war der Morgen nach dem Weihnachtsgipfel, und allüberall im Land waren Menschen unzufrieden, bis hin zum Küchenpersonal: Teilnehmer grantelten über Donald Tusk, weil die Veranstaltung lang und länger wurde. Mario Draghi und Jens Stoltenberg darüber, dass sie lange warten hatten müssen. Und die Köche der Mächtigen, denn ihre...
Petro Poroshenko urges Dutch to sign EU-Ukraine agreement
Ukrainian President Petro Poroshenko on Friday urged the Netherlands to ratify a pact between his country and the EU after amendments were agreed by EU leaders. Poroshenko wrote on Twitter “we call upon the Netherlands to fulfill the relevant procedures to ensure its swift entry into force.†He added that the agreement,...
