Latest Articles about Europe's East
South Stream is Not a Ukraine Bypass Project
Russian Prime Minister, Vladimir Putin, stopped in Kyiv on April 27, following his discussions in Italy and Austria on the South Stream gas pipeline project (Austria Joins Gazprom’s South Stream Project, EDM, April 30).In Kyiv, Putin obliquely confirmed that Russia would not shift gas volumes... MORE
Gas in Exchange for Naval Base: a Boon to Ukraine’s Weak Economy
Moscow has agreed to lower the price of gas for Kyiv by one-third in exchange for extending the lease of the Sevastopol base for the Black Sea Fleet (BSF) by 25 years. The Ukrainian parliament ratified the agreement on April 27, despite protests by the... MORE
Russia’s Strategic Gains at Ukraine’s and Europe’s Expense
Russia’s new deal with Ukraine on the Black Sea Fleet (BSF) and gas prices has profound bilateral significance, as well as for the CIS and even Europe. It ratifies long-term Russian gains at the expense of all the other players and continues to solidify Moscow’s... MORE
Ukraine’s Foreign Policy Turns East
With less than two months in office President, Viktor Yanukovych, has undermined a twenty year-old elite consensus on national security by, as EDM (November 3, 2009) forecast, introducing a far more pro-Russian essence to Ukrainian foreign policy than if Yulia Tymoshenko had been elected (EDM,... MORE
Jubilant Medvedev Praises Yanukovych and Threatens Lukashenka
Yesterday, Moscow achieved one of its most important long-term strategic goals –to secure a continued military presence in Ukraine by keeping its base in Sevastopol, Crimea. During a summit in Kharkov in Eastern Ukraine, Presidents Viktor Yanukovych and Dmitry Medvedev signed a barter agreement that... MORE
Belarus: Open for Business?
In early April, the reputable Business Week magazine focused on the Belarusian economy with a laudatory article that suggested the country had become a virtual Mecca for foreign investors. Belarus, it noted, has risen dramatically on the World Bank’s list based on the “ease of... MORE
Opposition Slams Yanukovych for Promising to Renounce Highly Enriched Uranium
Ukrainian President, Viktor Yanukovych, promised his US counterpart, Barack Obama, to renounce the nation’s stockpile of highly enriched uranium (HEU) during their meeting on the fringes of the nuclear security summit in Washington on April 12. In return, Washington offered financial and technical assistance, in... MORE
Ruling Coalition to Expand Following Approval by Constitutional Court
The Ukrainian constitutional court on April 8 approved the formation of the pro-presidential coalition in parliament in early March. The main controversy was over the right of individual people’s deputies to join the coalition against the will of their caucuses. The court decided that deputies... MORE
Kyiv Considers Unpopular Measures to Qualify for Additional Loans
As an International Monetary Fund (IMF) mission completed its work in Ukraine on April 2, Kyiv hopes to secure additional loans. The cabinet of Prime Minister, Mykola Azarov, badly needs such loans not only in order to fill gaps in the state budget, but also... MORE
Oil “Export” Duties: a Peculiarity of the Russian-Led Customs Union
The Russian government is apparently moving to operationalize the nominal “union state” with Belarus through a process of economic absorption. Accession to the Russia-Belarus-Kazakhstan Customs Union is not protecting Belarus against this process.Russia’s introduction of export duties on refined oil products and “petrochemical raw material”... MORE