MOSCOW, Mar 7 (PRIME)
Barroso: EU leaders support provision of 11 bln euro aid to UkraineMOSCOW, Mar 7 (PRIME) -- The E.U. heads of state or government have supported a proposal of the European Commission to provide Ukraine with an 11 billion euro aid, the commission’s President Jose Manuel Barroso said late Thursday, RIA Novosti reported.
Cbank: Russian ruble real effective rate falls 3.5% Feb, 4.2% Jan–Feb
MOSCOW, Mar 6 (PRIME)The real effective rate of the Russian ruble against the currencies of the country’s major trade partners and adjusted for inflation fell 3.5% in February and 4.2% in January–February, the central bank said Thursday citing preliminary estimates.
Gazprom says may suspend gas supplies to Ukraine over debt
MOSCOW, Mar 7 (PRIME)Ukraine has practically stopped paying for gas contradicting contractual obligations and created the risk of Russian gas supplies being suspended, gas giant Gazprom CEO Alexei Miller told reporters on Friday.
Russia’s Evraz plans rails exports to South America, Middle East
MOSCOW, Mar 4 (PRIME)U.K.-based steel and mining giant Evraz Plc, operating mainly in Russia, plans to start rails export to South America and the Middle East, Vice President Ilya Shirokobrod told reporters Tuesday.
Russia’s VimpelCom owner swings to IFRS net loss in Oct–Dec ‘13
MOSCOW, Mar 6 (PRIME)Amsterdam-based VimpelCom Ltd., the sole owner of major Russian mobile operator VimpelCom, posted a net loss of U.S. $2.660 billion in October–December 2013 against a net profit of $195 million in the same period of 2012, according to the company’s report released Thursday.
MOSCOW, Feb 25 (PRIME) -- In the recent months Ukraine has come under global attention and scrutiny due to large scale protest and political deadlock that has recently taken a very tragic turn. The political protest began in November after the ruling government withdrew from signing the EU Free-Trade agreement, which many liberals in Ukraine saw as a step toward political and economic reform. The government was guided by the economic motives, as Ukraine has significant economic ties with Russia, which a closer relationship with the EU had the potential to damage.