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Could Russia rescue Ukraine’s faltering economy?
Ukraine’s government has insisted its decision to suspend negotiations on the country’s Association…
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Ukraine’s government has insisted its decision to suspend negotiations on the country’s Association Agreement with the European Union was a purely economic one.
Prime Minister Mykola Azarov said the u-turn over the EU deal, which has enraged opposition politicians, was partially prompted by the harsh terms demanded by the International Monetary Fund (IMF) in a debt refinancing plan.
Moody’s rating agency has classified Ukraine as a “very high default risk”. Analysts believe that Ukraine is set to run out of cash within months if it does not secure funding.
Issuing government bonds could help raise some cash but Ukraine’s economic outlook would need to improve in order for that strategy to have any effect, according to Francois Girod at Ukrissibbank-BNP Paribas in Kyiv.
“They can issue bonds, if there’s some good news on the financial front. For example, if the IMF reaches some kind of agreement on refinancing; or if the Association Agreement with Europe had been signed; or if Russia comes to help and states publicly that they can provide some kind of financing,” Girod told euronews.
Political scientist Mykhaylo Pogrebinsky is one of several experts who believe Russian President Vladimir Putin may have made Ukraine’s President Victor Yanukovich an offer he could not refuse during talks that took place ahead of the suspension of the EU deal.
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Delays to Russia sanctions ‘failure for Europe,’ Swedish foreign minister tells Euronews
Delays to Russia sanctions ‘failure for Europe,’ Swedish foreign minister tells Euronews
The Swedish foreign minister told Euronews’ flagship morning show Europe Today that any delays to EU sanctions or support to Ukraine weaken pressure on Moscow at a critical moment in Russia’s war on the eve of its four-year anniversary.
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‘Highly likely’ Russia will escalate attacks on EU, Lithuanian minister says
While commending Berlin for attributing the attempted Leipzig drone attack to Russia, Lithuania’s foreign affairs minister warns stronger EU-wide deterrence is needed to prevent further escalation.
READ MORE : http://www.euronews.com/2026/09/03/highly-likely-russia-will-escalate-attacks-on-eu-lithuanian-minister-says
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http://www.euronews.net/ Alex Taylor, Euronews presenter: “What are we going to eat tomorrow? To what extent should the EU take a close look at what is on our plates?
‘Apart from the debate on GMOs and organic farming, what is the vision of the future for agriculture on our continent?
‘To answer your questions on I talk now, Dacian Ciolos, European Commissioner for Agriculture and Rural Development, who is a Romanian.
‘So quick questions and rapid answers, let’s start with the first question on I Talk.”
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The EU’s Ursula Von Der Leyen speaks about the future between the EU and the UK | LIVE
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Trump says last minute deal reached with Canada to delay 50% US tariffs on imports from Ottawa
Trump says last minute deal reached with Canada to delay 50% US tariffs on imports from Ottawa
The two allies traded goods and services worth close to $1 trillion despite their strained relations last year, as US President Donald Trump continues his relentless push to enforce tariffs and levies on his northern neighbours.
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