The International Monetary Fund (IMF) mission that arrived in Ukraine on October 25 left the country on November 3, one day ahead of schedule, without agreement on the next loan tranche. The IMF local representative, Max Alier, announced on November 4 that the IMF would... MORE

For the EU, and in particular the Eurozone, the last three months have been a never-ending trial by fire. Emergency summits have taken place almost weekly across the usual key parts of the EU power terrain—Brussels, Paris, Berlin and Rome. This turmoil managed to cause... MORE

Former President Viktor Yushchenko is an important, but underestimated, aspect of the sentencing of opposition leader Yulia Tymoshenko to seven years imprisonment and a three year ban from government work. Our Ukraine Honorary Chairman Yushchenko’s support for the sentence was in contradiction with the Our... MORE

President Dmitry Medvedev started his final round of top level meetings with the trip to Cannes where the leaders of the twenty largest world economic powers gathered to discuss measures to rescue the global financial system from the Greek crisis. The scale of the unfolding... MORE

Western policymakers and Ukrainian experts are perplexed as to why President Viktor Yanukovych agreed to the court quickly sentencing Yulia Tymoshenko on October 11 to a seven year sentence, a three year ban from political life and a fine of 1.5 billion hryvnia ($190 million).... MORE

The Izmir agreements on the transit of Azerbaijani gas to Europe through Turkish pipelines (see EDM, November 1) and the BP-proposed South-East European Pipeline for gas (see EDM, November 2) raise some major, as yet unanswered questions. At first sight, they seriously complicate the outlook... MORE

Ukraine has signed a free trade agreement with the CIS and completed its free trade talks with the EU. Unlike membership of the Customs Union (Russia, Belarus and Kazakhstan), which Moscow keeps inviting Kyiv to join, the CIS free trade accord does not formally hinder... MORE

Azerbaijan and the Shah Deniz gas producers’ consortium have just signed bilateral agreements with Turkey on gas transit to Europe (see EDM, November 1). Meanwhile, the Shah Deniz consortium is nearing a final decision to select a pipeline route, out of four options, through Turkey... MORE

On September 15, on the eve of the NATO EULEX mission’s takeover of the Kosovo customs’ points Brnjak and Jarinje, Russian Ambassador Aleksandr Konuzin created a diplomatic scandal in Serbia that has apparently since grown. Speaking at the Belgrade Security Forum, Konuzin lambasted the audience... MORE

The European Commission has pronounced against the Croatian government’s changes to the law on ownership of INA, the Croatian oil and gas company. The changes would have reserved for the government alone the right to own 49 percent or more of INA’s shares. The government’s... MORE