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Could Russia rescue Ukraine’s faltering economy?

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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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Australia’s new $69 million library becomes home to a copy of Shakespeare’s First Folio

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Australia’s new $69 million library becomes home to a copy of Shakespeare’s First Folio

Australia’s Museum of Old and New Art (MONA) has opened its highly anticipated new library, featuring 30,000 items, including Shakespeare’s First Folio. The collection ranges from children’s books and artworks to rare books and historic maps.

READ MORE : http://www.euronews.com/2026/07/18/australias-new-69-million-library-becomes-home-to-a-copy-of-shakespeares-first-folio

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Latest news bulletin | July 16th, 2026 – Morning

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Latest news bulletin | July 16th, 2026 – Morning

Catch up with the most important stories from around Europe and beyond this July 16th, 2026 – latest news, breaking news, World, Business, Entertainment, Politics, Culture, Travel.

READ MORE : http://www.euronews.com/2026/07/16/latest-news-bulletin-july-16th-2026-morning

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Latest news bulletin | June 25th, 2026 – Morning

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Latest news bulletin | June 25th, 2026 – Morning

Catch up with the most important stories from around Europe and beyond this June 25th, 2026 – latest news, breaking news, World, Business, Entertainment, Politics, Culture, Travel.

READ MORE : http://www.euronews.com/2026/06/25/latest-news-bulletin-june-25th-2026-morning

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Queen Elizabeth’s coffin travels from Buckingham Palace to Westminster

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The coffin with late Queen Elizabeth II’s body travels from Buckingham Palace to Westminster through central London on a gun carriage, with the king and other royals walking behind.

It will be placed in Parliament’s medieval Westminster Hall, where the Archbishop of Canterbury will conduct a short service. The queen will then lie-in-state for four days, until the morning of her funeral. Members of the public will be able to pay their respects and troops will keep a round-the-clock vigil.

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Euronews aboard EU warships in the Red Sea: Europe eyes wider mandate as Houthi threat grows

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Euronews aboard EU warships in the Red Sea: Europe eyes wider mandate as Houthi threat grows

In a special report from EU patrol ships in Djibouti, Kaja Kallas told Euronews that the 27-member bloc was discussing expanding Aspides’ mandate and that ships pledged to a Hormuz coalition could be redeployed to the Red Sea in the interim.

READ MORE : http://www.euronews.com/2026/07/17/eu-bolsters-red-sea-mission-amid-reports-houthis-may-shut-bab-el-mandeb

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