Latest Articles about Europe

German Business Interests Speak Out During Russo-German Summit

Writing in yesterday's (July 23) issue of the German business daily Handelsblatt, former chancellor Gerhard Schroeder offers an updated view of the Russo-German "strategic partnership." Schroeder hails Chancellor Angela Merkel's meeting last week in Munich with Russian President Dmitry Medvedev, in the format of a... MORE

Ukraine Tightens the Screw in Sevastopol

President Viktor Yushchenko announced his bid for a second term on July 18 defying pundits who believed his low popularity of 2-3 percent would deter him (www.president.gov.ua, July 18). Yushchenko used the highest peak in Ukraine - Hoverla in the Carpathians - to declare his... MORE

Open Letter Appeal Timed to Washington’s Policy Process

The open letter to the Obama administration (EDM, July 22) carries the signatures of 22 personalities including former heads of state and prime ministers, other statesmen and policymakers from Central-Eastern European countries. Made public on July 16, the letter draws on a concept paper issued... MORE

Tymoshenko Faces Damaging Domestic Gas Price Increases

European Commission (EC) and Ukrainian government experts will meet in Kiev on July 24 to discuss Ukraine's request for a loan to pump Russian gas into underground reservoirs for the winter. As the Naftohaz Ukrainy state-controlled oil and gas behemoth is nearly bankrupt, Ukraine has... MORE

IMF Confirms Sharp Contraction in the Ukrainian Economy

The International Monetary Fund (IMF) completed the second review of its stabilization program for Ukraine on July 10. A visiting IMF delegation recommended that the IMF board grant Ukraine the third $3.3 billion tranche of the $16.4 billion stand-by loan. Kyiv received the previous two... MORE

Nabucco Intergovernmental Agreement Signed in Ankara

On July 13 the Nabucco transit countries removed an important obstacle for the strategic pipeline project. Attending a high profile meeting hosted by Turkey, the prime ministers of Austria, Bulgaria, Hungary, Romania and Turkey inked the Intergovernmental Agreement (IGA). The ceremony was also attended by... MORE

SBU Challenges the FSB in Crimea

In line with implementing stricter security policies in Sevastopol and the Crimea, the Security Service of Ukraine (SBU) is adopting tougher policies towards Russian intelligence activities in the peninsula. These follow the August 2008 decrees restricting the movement of Russian Black Sea Fleet vessels in... MORE

Alyaksandr Lukashenka Completes 15 Years in Power

July 10 marked fifteen years since Alyaksandr Lukashenka's victory in the second round of the 1994 presidential election in Belarus. Though he has retained power partly by undemocratic means, repressing opponents and monopolizing the media, his success is nonetheless remarkable and worthy of analysis.In the... MORE