Putin Declares Easter Ceasefire in Ukraine War
The Kremlin has announced that Russian President Vladimir Putin has ordered an “Easter ceasefire” in the war in Ukraine, declaring a temporary halt in hostilities lasting around 36 hours
Azarov: Russia Deal 'Saved Ukraine from Bankruptcy'
World | December 18, 2013, Wednesday // 15:24
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Ukrainian Prime Minister Mykola Azarov, photo EPA/BGNES
Ukraine’s decision to sign an aid agreement with Russia has saved the country from bankruptcy, according to Ukrainian PM Mykola Azarov.
On Tuesday, Russia agreed to buy USD 15 B worth of Ukrainian government bonds and cut prices for natural gas.
"The agreements between the Ukrainian and Russian presidents allow us to plan the years to come as years of development and people's confidence about their stable lives,” Azarov has told his ministers in Kiev, according to the BBC.
He said a pact to lower gas prices by about a third would allow for "a revival of economic growth".
However, Ukraine's pro-Western opposition has demanded to know what Ukraine offered Russia in return.
The agreement between Ukraine and Russia comes against a backdrop of mass protests in the Ukrainian capital over the decision of President Viktor Yanukovych to back out of a strategic association agreement with the EU.
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