Interfax: Poroshenko Administration: Ukraine to apply for EU membership in 2020

File photo of Barack Obama and Petro Poroshenko facing one another, with Obama gesturing

KYIV. Oct 8 (Interfax) – The Reform Strategy 2020 put forward by Ukrainian President Petro Poroshenko envisages Ukraine’s application for European Union membership in 2020, first deputy head of the Ukrainian Presidential Administration Hennadiy Zubko said. Zubko made the statement at a meeting with Zhytomyr region officials as he was presenting the reform program, the presidential press service said on […]

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EU mulls tougher sanctions on Russia as Donbass rebels advance

Map of Commonwealth of Independent States, European Portion

(Business New Europe – bne.eu – October 3, 2014) The EU is considering expanding sanctions against Russia if rebels in Eastern Ukraine move to capture Donetsk airport or the port city of Mariupol. Bloomberg cited a source close to the German government on October 2 discussing the option of expanding sanctions against Russia if Donetsk airport or Mariupol were taken. […]

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RIA Novosti: Why EU Sanctions Are Illegal and Why That Won’t Change Anything

Truck at Russian Border Crossing

(RIA Novosti –  Alexander Mercouris, London-based lawyer –  LONDON, October 2, 2014) The EU repeatedly boasts of its commitment to the rule of law. In reality, the legal basis of the sanctions it has imposed on Russia is extremely dubious. However, past experience shows that even when the EU’s own courts declare sanctions illegal, the EU, despite its fulsome proclamations, […]

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Interfax: Expansion of Russian cooperation in China not end of relations with Europe – Putin

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MOSCOW. Oct 2 (Interfax) – Russia has no intention of ending its relations with its traditional partners, including Europe, and expansion of cooperation with China is a global trend, Russian President Vladimir Putin said. “Russia is also thinking about expansion of cooperation with China, and it didn’t begin thinking about it yesterday or due to some sanctions or political restrictions. […]

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Interfax: Envoy Chizhov: European Commission starts to weigh Russian concerns over EU-Ukraine free trade

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BRUSSELS. Sept 30 (Interfax) – Russia is awaiting the European Commission’s proposal to lift its concerns about the enforcement of the EU-Ukraine Deep and Comprehensive Free Trade Agreement (DCFTA), Russian Permanent Representative to the European Union Vladimir Chizhov told reporters. “The decision of the European Council was anticipated and quite consistent with the agreement reached in the Russia-Ukraine-EU trilateral format […]

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Moscow Times: Ukraine Crisis Halves Number of U.S. and EU Tourists Visiting Russia

File Photo of Airplane Approaching Runway About to Land

(Moscow Times – themoscowtimes.com – September 10, 2014) Russian travel agencies say 40 to 60 percent fewer European and U.S. holiday makers came to Russia in the first half of this year than in the same period of 2013, while three times fewer Russian tourists went abroad, a trend they attribute to bad blood between Russia and the West over […]

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Interfax: Sanctions against Russia already affecting production of tight reserves, could impact shelf

Oil Worker file photo

KHANTY-MANSIISK. Sept 10 (Interfax) – The sanctions imposed by the EU and U.S. against Russia are already affecting the production of tight reserves, Russian Natural Resources Minister Sergei Donskoi said at a briefing in Khanty-Mansiisk. “The sanctions, first due to technology, have not yet impacted [the country’s economy], but are already affecting the production of tight reserves. As a rule, […]

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Business New Europe: Russia demands sweeping changes to Ukraine’s association agreement with EU

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(Business New Europe – bne.eu – September 10, 2014) Moscow wants amendments to five vectors of Ukraine’s association agreement with the European Union, according to liberal Ukrainian paper Zerkalo Nedeli. The amendment would see as much as 20% of goods excluded from free trade between EU and Ukraine. This would require renegotiation of the agreement that could take at least […]

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Interfax: State obligation is to defend business from illegitimate actions of foreign countries, companies – Medvedev

File Photo of Dmitry Medvedev Before Gold Flag with Elaborate Design

GORKI. Sept 9 (Interfax) – The state will continue to provide support to Russian business amid the Western sanctions, Russian Prime Minister Dmitry Medvedev said during a meeting with NOVATEK (MOEX: NVTK) CEO Leonid Mikhelson. “You can have no doubt that in the face of such unfair actions the state has always supported and will support Russian business,” Medvedev said. […]

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Consumers Stay Away From Moscow’s Malls as Sanctions Deepen Russia’s Slump

File Photo of Cash, Coins, Line Graph

(Moscow Times – themoscowtimes.com – September 9, 2014) Nearly 25 percent fewer people visited Moscow’s malls in the week leading up the start of the school year than in the same period of 2013, a survey said, indicating that Western sanctions and an economic slowdown are hitting Russian consumer demand. A report by consumer market research firm Watcom cited by […]

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Moscow Times: New EU Sanctions to Inflict Long-Term Pain

Truck at Russian Border Crossing

(Moscow Times – themoscowtimes.com – Howard Amos – September 5, 2014) The Russian business world is braced for the European Union’s unfurling of a fresh round of economic sanctions on Friday, with analysts predicting that Russia’s $2 trillion economy will be squeezed even tighter while its companies face isolation from international markets. A peace plan sketched out by President Vladimir […]

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Poll: Most Russians Would Sacrifice Booze and Cigarettes to Hurt West

(Moscow Times – themoscowtimes.com – September 4, 2014) More than 70 percent of Russians would ban imports of booze and cigarettes from Western countries in retaliation for sanctions, but few would give up foreign cars or pay an additional tax on vacations abroad, a recent poll indicated. Other popular measures included blacklisting foreign hotels (supported by 77 percent) and banning […]

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Business New Europe/RIA Novosti: European Commission to level new sanctions on Friday

Truck at Russian Border Crossing

(Business New Europe – bne.eu/RIA Novosti – September 3, 2014) The European Commission suggests limiting Russian state-owned companies’ access to European capital markets, as it prepares to possibly impose new tougher sanctions on Russia at a meeting on Friday, September 5. According to agency statements, the new economic sanctions against Russia, proposed by the European commission, include limiting the access […]

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Moscow Times: Russia Wants Say in EU-Ukraine Association Deal

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(Moscow Times – themoscowtimes.com – Delphine d’Amora – August 29, 2014) Russia wants to propose amendments to the association agreement between Ukraine and the European Union, top officials said, despite Ukraine and the EU maintaining that the bilateral agreement is moments away from ratification and not open to suggestions. Economic Development Minister Alexei Ulyukayev and Kremlin economic adviser Andrei Belousov […]

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RIA Novosti: NATO, EU Should Give Up Plans of Incorporating Ukraine – Dr. John Mearsheimer

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MOSCOW, August 26 (RIA Novosti) – The West ought to fundamentally change its approach towards the Ukrainian crisis, making Ukraine a ‘neutral buffer’ between Russia and NATO instead of westernizing it, asserts John J. Mearsheimer, American professor of Political Science at the University of Chicago. “The United States and its European allies now face a choice on Ukraine. They can […]

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Interfax: Russia could lose over 100 billion rubles from EU-Ukraine association – Putin

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MINSK. Aug 26 (Interfax) – The association agreement signed between the European Union (EU) and Ukraine could cost Russia billions and force it to introduce protective measures, said Russian President Vladimir Putin. “Due to Ukraine adopting zero duties on EU imports (which is to take effect almost immediately after the ratification of the agreement and will affect 98% of the […]

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Russian consumers hardest hit by sanctions

File Photo of U.S. Dairy Cows

(Russia Beyond the Headlines – rbth.ru – Kira Tverskaya, special to RBTH – August 19, 2014) Economists point out that the Russian government’s recent food ban is likely to backfire as restaurants and consumers look for new sources for favorite products Moscow’s home cooks and restaurateurs alike have spent the past two weeks scrambling to find new sources for the […]

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Moscow’s Food War With West Could Hurt Russia Most

File Photo of U.S. Dairy Cows

(RFE/RL Explainer – rferl.org – Charles Recknagel – August 21, 2014) Moscow’s sweeping ban on food imports is meant as a slap in the face to Western powers for imposing sanctions on Moscow over Ukraine. But the ban is also causing food prices to rise in Russia, which is a major importer of food and has few immediate supply alternatives. Here are four things to know […]

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Interfax: EU ready to cancel Russia sanctions if situation in east Ukraine stabilizes – Usackas

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MOSCOW. Aug 15 (Interfax) – The European Union would not want to continue the sanctions policy regarding Russia and is not ruling out the possibility of canceling the existing measures if the situation in eastern Ukraine stabilizes. “When clear results in terms of stabilizing the situation in eastern Ukraine appear, of course, the EU will be ready to consider the […]

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Interfax: Russia may theoretically withdraw from ECHR jurisdiction – Putin

European Court of Human Rights Building file photo

YALTA. Aug 14 (Interfax) – Russia may theoretically withdraw from the European Court of Human Rights (ECHR) jurisdiction, but the matter is not under consideration now, President Vladimir Putin says. While Putin was meeting with members of State Duma factions in Yalta on Thursday, he was asked whether Russia may withdraw from the ECHR jurisdiction. “In principle, this is surely […]

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Business New Europe: Sanctions “unbearable” for EU, will be cancelled in 3 months

File Photo of Cash, Coins, Line Graph

(Business New Europe – bne.eu – Danske Bank – August 13, 2014) We analyse the economic and financial impact of the Ukrainian crisis with a special focus on our footprint Nordic markets. We view the situation in Ukraine as far from de-escalating as fighting continues in Donetsk and Lugansk, which we expect to weigh on market sentiments near term. However, […]

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Russian Foodies React To Import Ban With Patriotism, Some Gloom

File Photo of U.S. Dairy Cows

(RFE/RL  – rferl.org – Tom Balmforth – MOSCOW, August 7, 2014) Moscow’s upmarket food shoppers are reacting variously with patriotic approval and gloomy resignation at the prospect of going without some of their favorite foreign foods for a year. The Russian government on August 7 approved a lengthy shopping list of foods and produce that cannot be imported from countries that have imposed […]

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RIA Novosti: Between Justice and European Courts’ Rulings on Russia: a Dangerous Gap

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(RIA Novosti – Alexander Mercouris – August 9, 2014) There is always going to be a gap between people’s understanding of what is just/unjust and formal court rulings. Law will always strive to catch up with changing societal attitudes to “justice” and “injustice.” But law will always more or less miserably fall behind, unless some “progressive” minds decide to use […]

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Interfax: Naryshkin hopes Europe will understand risk of unwinding sanctions spiral

Russian State Duma Building file photo

MOSCOW. Aug 8 (Interfax) – Russia’s response to the anti-Russian measures taken by the West was forced and further unwinding of the “sanctions spiral” is absurd and dangerous, Russian State Duma Speaker Sergei Naryshkin said. “As to the measures taken by Russia on the countries that initiated or support anti-Russia sanctions, they are a response aimed at protecting our citizens […]

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Interfax: Proposal to ban Western airlines from using trans-Siberian routes is “on the table” – Medvedev

Dmitry Medvedev file photo

MOSCOW. Aug 7 (Interfax) – Russian Prime Minister Dmitry Medvedev has said that Russia is considering a potential ban on European and U.S. air carriers using trans-Siberian routes as a possible retaliatory step against Western sanctions targeting Russia’s low-cost airline Dobrolet. “The government of the Russian Federation is considering a number of retaliatory steps. But it does not mean that […]

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Will Russia limit EU flights via its airspace over sanctions?

File Photo of Airplane Approaching Runway About to Land

(Russia Beyond the Headlines Press Digest – rbth.ru – Sofia Savina, special to RBTH – August 5, 2014) RBTH presents a selection of views from leading Russian media, featuring news of possible restrictions on the use of Russian airspace by European airlines in response to sanctions, U.S. concern over large exercises by Russia’s air force on the Ukrainian border, and […]

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EU Arms Embargo: A Shot Across the Bow of Russia’s Defense Industry

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(Moscow Times – themoscowtimes.com – Matthew Bodner – August 1, 2014) The West’s latest round of sanctions on Russia will not have much immediate impact on the county’s defense industry, but they do have the potential to strike a blow to Russia’s 23 trillion ruble ($646 billion) military modernization drive, analysts say. The European Union on Thursday formally banned the […]

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Russia Beyond the Headlines Press Digest: U.S. and EU sanctions are pushing Moscow toward Beijing

Collage of Russian Newspapers

(Russia Beyond the Headlines – rbth.ru – Sofia Savina, special to RBTH – July 30, 2014) RBTH presents a selection of views from leading Russian media on the latest developments in Ukraine, featuring widespread reaction to the imposition of yet another wave of sanctions against Russia by the U.S. and the EU, as well as news of Russian aviation experts’ […]

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Russia Beyond the Headlines: Russians less afraid of sanctions

File Photo of Cash, Coins, Line Graph

(Russia Beyond the Headlines – rbth.ru – Kira Egorova, RBTH – July 30, 2014) A new survey shows that the number of Russians concerned about economic restrictions imposed by the West is steadily decreasing A new poll from the Levada Center has revealed that Russians are becoming less afraid of sanctions. The most recent survey, conducted between July 18-21 after […]

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EU opposes Russian oil and gas sanctions, considers targeting other sectors

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(Business New Europe – bne.eu – Concorde Capital – July 24, 2014) EU Energy Commissioner GYnther Oettinger opposes sanctions on Russian natural gas and oil but doesn’t rule out sanctions on energy technology and equipment, he told a July 23 press conference in Brussels, as reported by the UNIAN news agency. “I always spoke against including energy supplies of Russian […]

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RIA Novosti: Kiev Receives Russia’s Risk Assessment of Ukraine’s EU Association

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BRUSSELS, July 23 (RIA Novosti) – Kiev received Moscow’s list of potential risks that Ukraine’s association with the European Union could present to Russia’s economy, Ukraine’s Foreign Minister Pavlo Klimkin told journalists. “Just yesterday, we received Russia’s perception of the potential risks,” Klimkin said on Tuesday. Ukraine signed the agreement on its association with the EU on June 27. Russia […]

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RIA Novosti: Russia to Protect Economy From Risks Posed by Ukraine’s EU Association

File Photo of Cash, Coins, Line Graph

MOSCOW, July 23 (RIA Novosti) – Moscow will have to resort to protective measures if Ukraine’s association deal with the European Union poses risks for the Russian economy, Russian Prime Minister Dmitry Medvedev said Wednesday. «We believe that the risks remain quite serious, especially concerning technical regulations and standards of sanitary and phytosanitary control. That’s why we are conducting consultations […]

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RIA Novosti: Medvedev Says US, EU Companies Clearly Show Intention to Continue Work in Russia

Dmitry Medvedev file photo

MOSCOW, July 23 (RIA Novosti) – Moscow has received «clear signals» from US and European companies about their intention to continue work in Russia, Prime Minister Dmitry Medvedev said Wednesday. «We have received quite clear signals that European and American companies are set to continue work with Russian partners. Time is ripe now to use non-political formats and pay attention […]

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Russian Billionaires in ‘Horror’ as Putin Risks Isolation

File Photo of Cash, Coins, Line Graph

(Bloomberg – bloomberg.com – Henry Meyer, Irina Reznik, Ilya Arkhipov – July 21, 2014) Russia’s richest businessmen are increasingly frantic that President Vladimir Putin’s policies in Ukraine will lead to crippling sanctions and are too scared of reprisal to say so publicly, billionaires and analysts said. If Putin doesn’t move to end the war in Ukraine in the wake of […]

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‘Isolating Russia’ in the Oil and Gas Sector

Oil Well file photo

(Gordon M. Hahn – gordon-hahn@sbcglobal.net – Analyst and Advisory Board Member, Geostrategic Forecasting Corporation, Chicago, Ill, geostrategicforecasting.com; Analyst, Rus Strategic Ltd., Prague, Czech Republic; Senior Researcher, Center for Terrorism and Intelligence Studies, Akribis Group, San Jose, Calif.) Since the Russia’s annexation of Crimea in March in the wake of the revolutionary takeover in Kiev in February, U.S. policy has rested on […]

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Why Russia won’t start a trade war with Ukraine this time round

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(Business New Europe – bne.eu – COMMENT: Iana Dreyer of borderlex.eu – July 11, 2014) High-level officials from the EU, Ukraine and Russia are holding a trilateral meeting in Brussels on July 11 to address Russia’s concerns about how the free trade and association pact that Brussels and Kyiv signed in late June might have on its trade with Ukraine. […]

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RIA Novosti: Russia Hopes for Positive Outcome of Three-Way Talks on Ukraine’s EU Association – Minister

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BRUSSELS, July 11 (RIA Novosti) – Russia hopes that a three-party ministerial meeting to discuss Ukraine’s association with the European Union will produce a positive outcome, Russian Economic Development Minister Alexei Ulyukayev said Friday. Ulyukayev, Ukrainian Foreign Minister Pavlo Klymkin and European Commissioner for Trade Karel De Gucht will meet for three-party talks and bilateral meetings later in the day. […]

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How Bulgaria’s Bank Run Affects Ukraine’s European Dream

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(Bloomberg – bloomberg.com – Ian Wishart, Elizabeth Konstantinova – July 3, 2014) Joining the European Union was meant to give Bulgaria a fresh start. Try telling that to Anna Dimitrova. “Bulgaria didn’t gain from the EU as much as it could have, because it’s mismanaged by corrupt politicians,” said Dimitrova, a law student, in central Sofia. “Our politicians are not […]

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EU Claims Right to Reverse Flow as Russia Protests

Gas Flame file photo

(The Moscow Times – themoscowtimes.com – July 4, 2014) EU Energy Commissioner Günther Oettinger on Thursday asserted European companies’ right to sell Russian gas back to Ukraine, flying in the face of warnings from Russian energy giant Gazprom as tensions continue to build over energy policy. Energy companies in the EU have an “absolute right to dispose of gas bought from […]

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Russia’s crack pipe to Europe

Gas Flame file photo

(Business New Europe – bne.eu – Nicholas Watson, Ben Aris, Tim Gosling, Rob Whitford – June 30, 2014) The growing confrontation between Russia and the West ranges across many fronts, none more significant than in an area of rural northwest Bulgaria, where in October workers began welding pipes that will feed a natural gas compressor station near the settlement of […]

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Ukraine signs off on EU deal at last, but what next?

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(Business New Europe – bne.eu – COMMENT: Marcus Svedberg and Aivaras Abromavicius of East Capital – July 1, 2014) Marcus Svedberg is Chief Economist, and Aivaras Abromavicius is Partner, of East Capital Ukraine signed an Association Agreement (AA) and a Deep and Comprehensive Free Trade Area (DCFTA) with the EU in Brussels on June 27. President Petro Poroshenko, in his […]

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Putin lambasts West as violence escalates in Ukraine

Map of Commonwealth of Independent States, European Portion

(Business New Europe – bne.eu – Ben Aris in Moscow – July 2, 2014) Russian President Vladimir Putin lambasted the West in a speech to assembled diplomats call on July 1, although he stopped short of making new military threats against Ukraine as Kyiv resumed its antiterrorism operation in the east of the country. The Russian rhetoric is becoming somewhat […]

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Russians Suffer from Three Misconceptions about Western Sanctions over Ukraine, Analyst Says

File Photo of Cash, Coins, Line Graph

(Window on Eurasia – Paul Goble – Staunton, June 27, 2014) Russians must recognize that sanctions are “the new economic and political reality” in which they live and overcome three widespread and government-promoted misconceptions about such sanctions if the country is going to be able to cope with them as well as possible, according to a senior Russian scholar. In […]

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EU Association Agreements Not Seen as Threat to Russian Economy

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(Moscow Times – themoscowtimes.com – Gabrielle Tétrault-Farber – June 27, 2014) With Ukraine, Georgia and Moldova set to sign the economic sections of association agreements with the European Union on Friday, analysts say the deals will have minimal impact on the Russian economy but will further broaden the political schism between Russia and its neighbors. Russia should not lose more […]

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Ukraine, EU sign free trade and association deal in Brussels

Ukraine Map and Flag

(Business New Europe – bne.eu – COMMENT: Tim Ash of Standard Chartered – June 27, 2014) This is a landmark agreement for Ukraine, and will be transformational. Poroshenko has indicated that Ukraine aims for EU membership, but this is a long run goal – likely 10-15 years away, if then. Ukraine is realistic, and understanding of the changing politics in […]

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RIA Novosti: Candidate Status for Ukraine Difficult to Predict – EU Commissioner

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BRUSSELS, June 27 (RIA Novosti) – Ukraine’s chances of attaining candidate status for membership in the European Union are hard to predict, Stefan Fuele, EU Commissioner for Enlargement said. “We are not at the stage when we could even speculate about the candidate status. We just signed the association agreement, it needs to be ratified, we need to move on […]

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NEWSLINK: Ukraine Signs Trade Agreement With European Union

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[“Ukraine Signs Trade Agreement With European Union” – New York Times – ANDREW HIGGINS and DAVID M. HERSZENHORN – June 27, 2014] The New York Times reports on Ukraine and the European Union reaching a sweeping trade deal, one that had been the original impetus for protests effectively upending the earlier Ukrainian regime of Viktor Yanukovych. Meanwhile, Russia has threatened serious consequences in […]

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RIA Novosti: Ukraine, Moldova to Lose Billions over EU Association Deals

Ukraine Map and Flag

MOSCOW, June 26 (RIA Novosti) – Ukraine and Moldova’s struggling economies could face multi-billion-dollar losses after signing association agreements with the European Union, Russian experts warn. “Countries that sign this association [deal] agree to fall in line with all EU directives, standards and technical regulations – and this is at their own expense. Even if the EU gives them certain […]

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NEWSLINK: Russian lawmakers revoke right to send troops into Ukraine

Map of Western CIS/FSU and European Environs

[“Russian lawmakers revoke right to send troops into Ukraine” – Reuters – June 25, 2014] Reuters covers a vote by Russia’s Parliament to formerly rescind a past authorization of military intervention in Ukraine.  The legislators acted in response to a directive from Russian President Vladimir Putin.  The authorization of force could be reinstated in short order if need be. The Russian parliament […]

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RIA Novosti: Russia-EU Gas Transit Through Ukraine Compliant With Contract – Gazprom

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MOSCOW, June 23 (RIA Novosti) – Russia’s EU-bound gas flows through Ukraine comply with transit contraparameters, Gazprom spokesman Sergei Kupriyanov said Monday. “The transit of Russian gas through Ukraine is flowing according to contract parameters with a volume over the last 24 hours of around 205 million cubic meters,” Kupriyanov said. Earlier on Monday, reports appeared in the media that […]

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