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News / 20 December 2013 | 13:05
Financial Times blame Europe for  surrendering Ukraine

Financial Times blame Europe for surrendering Ukraine

Agreements signed in Moscow between Presidents Yanukovych and Putin have put EU leaders on the pan of leading world mass media. De-facto, journalists accuse EU executives of surrendering Ukraine to Russia due to short-sighted policy and banal greediness.

"The series of agreements signed by Russian president Vladimir Putin and his Ukrainian counterpart Viktor Yanukovych are a blow to European hopes of integrating Ukraine more closely with the EU", Financial Times writes.

Stefan Füle, EU enlargement commissioner, said on Wednesday that Brussels was still waiting to look at this weeks Russia-Ukraine agreements to ensure they did not contradict Kievs commitments to the EU under the planned integration agreement. However, he added that if the Ukraine-Russia deal has brought some normalcy to the trade relationship between the two countries thats fine, the newspaper reports.

The west was prepared to give Kiev at least 20bn in loans if Ukraine agreed sign a landmark European Union integration agreement last month, according to an internal EU document seen by the Financial Times. The total would have broadly matched the bailout package Russia pledged to Ukraine on Tuesday and what Ukraine had publicly demanded.

"The 20bn, which one official said was a conservative figure, would have come mainly via the International Monetary Fund under tough conditions. But the European Commission would have helped fast-track disbursement of the funds", FT writes referring to a separate EU memo.

However, "unlike a bailout from the International Monetary Fund, Russias macroeconomic support comes without awkward strings attached, while the IMF had offered loans only on condition that Ukraine raised subsidised domestic gas prices to market levels and allowed greater flexibility in the exchange rate of its currency hryvnia. Both measures would have hurt ordinary Ukrainians, while Mr Putin, presenting the agreements, pointedly noted that Russias financial support was not conditional on Kiev freezing social payments to Ukrainians," the paper writes.

Speaker meeting heads of diplomatic missions of EU countries
On February 3 in Kyiv, speaker of Ukrainian parliament Volodymyr Rybak held a meeting with heads of diplomatic missions of EU countries, accredited in Ukraine
Rada coordination board sitting
On February 3 in Kyiv, the coordination board of heads of parliamentary factions and committees held a sitting
NBU issuing commemorative coins dedicated to Olympic games
On February 3, the National Bank of Ukraine put into circulation two commemorative coins "XXII winter Olympic games" of value 10 and 2 hryvnias
Azarov saying good-bye to the Cabinet
On January 29, now acting Prime Minister Mykola Azarov and first vice PM Serhiy Arbuzov presided at a sitting of the acting Cabinet
VR holding extraordinary sitting
On January 28 the Verkhovna Rada of Ukraine held an extraordinary sitting
Protesters occupied Ukrainian House
On the night of January 25/26 protesters occupied the  building of the Ukrainian House in Yevropeiska square, previously vacated by law enforcements
09:49 February 6-7, Ukrainian President Viktor Yanukovych pays working visit to the Russian Federation

4 February 2014
14:57 Skier Valentyna Shevchenko will bear Ukrainian flag at the opening of Olympic Games in Sochi
14:15 Rivne Regional Council chairman Yuri Kichatyi voluntarily resigned 

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