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
EU to Provide More Funding to Ukraine, Russia Seeks Sanctions Alleviation
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EU Commissioner Johannes Hahn Photo:EPA/BGNES
The EU intends to provide a new financial aid package to Ukraine estimated at EUR 110M in 2015.
The statement was made by European Commissioner for European Neighbourhood Policy and Enlargement Negotiations, Johannes Hahn, TASS news agency reported.
He said that the larger portion of the sum will be utilized to assist the private sector in the country.
Meanwhile, Ukraine's President Petro Poroshenko announced Tuesday that heavy weapons have been pulled back from Donbass.
Despite the fact that the Minsk agreement, signed in February, was to be enacted on the 15th, military action continued, taking the lives of 64 Ukrainian soldiers.
Russia, on the other hand, has suffered massive economic sanctions imposed by the EU.
Spain stated Tuesday that it has also experienced losses on account of the new difficulties in trade relations with Russia.
"We have big losses, especially in the agricultural sector,'' said Spanish Foreign Minister Jose Manuel Garcia-Margallo, ITAR TASS reported.
Additionally, Russia's Economic Development Minister Alexey Ulyukayev said the country will aim at alleviating the food embargo for Greece and Hungary in alignment with the rules of the World Trade Organization (WTO).
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