Ukraine has expelled two Czech diplomats, explaining that they had gathered military secrets and hired local assistants who now face prison sentences. This is an extraordinary event as Ukraine has avoided scandals involving the expulsion of Western diplomats in the past. Moreover, this happened at... MORE

On May 5, the National Bank of Belarus, responding to pressure to devalue the Belarusian ruble, stipulated that by May 12, the exchange course with hard currency (the US dollar, the Euro and the Russian ruble) could increase from its current 8 percent depreciation rate... MORE

Clashes between far-right and pro-Russian activists spoilt the Victory Day ceremonies in the Western Ukrainian city of Lviv on May 9. Militants from the far-right Freedom Party beat up pro-Russian activists, who arrived in Lviv from Russophone southern regions, clashed with police, burnt red flags... MORE

A tense situation prevails in the Belarusian capital of Minsk after a series of political and economic events placed unusual pressure on the Lukashenka regime. These include an unresolved terrorist attack on April 11, a new crackdown on opposition figures, a 20 percent rise in... MORE

Ukraine has launched talks to revise the January 2009 gas contract with Russia according to which the base price was hiked from $179 to $450 per 1,000 cubic meters of gas. Kyiv hopes the contract will be revised by the end of the summer. Ukraine’s... MORE

International donors committed a total of some 550 million Euros ($790 million) for the Chernobyl Shelter Facility (CSF) fund at the donor conference in Kyiv on April 19. Although this is less than the Ukrainian government originally hoped to raise, it is still an achievement... MORE

Ukrainian authorities have launched a fresh criminal investigation against former Prime Minister, Yulia Tymoshenko, along with the criminal prosecution of Oleh Dubyna, head of Naftohaz Ukrainy under Tymoshenko’s premiership. Both are charged with exceeding their powers and inflicting massive economic damage on Ukraine by concluding... MORE

Ukraine’s leadership has left Moscow’s invitation to join the Russia, Belarus and Kazakhstan Customs Union unanswered even after Russian Prime Minister Vladimir Putin personally traveled to Kyiv to advertise its benefits. Instead, Putin was told once more that the problem of expensive Russian gas is... MORE

Undermining their own negotiating position, Ukraine’s top leaders sound desperate for a price discount on Russian gas, and hurriedly offer pre-emptive concessions to Moscow. On April 21 President, Viktor Yanukovych, declared, “Ukraine cannot afford this [current] price. The situation is on the edge. Our industry... MORE

On April 11, at around 6:00 pm local time, a bomb exploded at the Kastrichnitskaya (October) Metro Station in central Minsk, killing some commuters instantly, injuring over 200 others, and causing mayhem. It represents the first genuine terrorist act to be reported by the Belarusian... MORE