Latest Articles about Europe

Ukraine Risks Losing IMF Support

Ukrainian Prime Minister, Mykola Azarov, looks set to sacrifice the economy for electoral considerations. Azarov is reluctant to meet the key conditions set by the International Monetary Fund (IMF) to qualify for the continuation of its $15 billion assistance program: domestic gas price hikes and... MORE

Moscow’s BMD Cooperation Demands Do Not Seem Serious

This week in Brussels, during a meeting of the NATO-Russia Council (NRC), Russian Defense Minister Anatoliy Serdyukov discussed with his Western counterparts the seemingly intractable problem of Moscow’s opposition to US-NATO plans for ballistic missile defense (BMD) in Europe.  Serdyukov stated there was no progress:... MORE

Belarus Devalues Currency amid Growing Isolation

Belarusian President, Alyaksandr Lukashenka, is a man under pressure. Assailed by Western powers for his harsh treatment of former presidential candidates and protestors, he also faces mounting economic problems that have led to the devaluation of the national currency. At the same time, high rates... MORE

German Initiatives Favor Russia On Transnistria Talks

(Part Two) In the context of Russo-German special relations, the German government proposes to restart international negotiations on the Transnistria conflict from a modified basis, one largely favorable to Russian interests. On this issue, Germany’s Ministry of Foreign Affairs implements a policy that originates in... MORE

Uncertain Future For Ukrainian Prime Minister Mykola Azarov

On June 1, Ukrainian President Viktor Yanukovych fired the deputy prime minister in charge of utilities and construction, Viktor Tikhonov, and his deputy, Yury Khyvrych. The two were dismissed not for the government’s failure to reform the utility sector, which would have been more logical,... MORE

Russia to the West’s Rescue in Libya?

As predicted from the outset of the Libya crisis (EDM, April 21, 26), Russia now officially proposes to “help” extricate the Western belligerents from their difficulties in Libya. Moreover, Moscow’s mediation is being solicited. At the G8 summit in Deauville, France on May 26 –... MORE