A collection of 205 posts
While the Hungarian forint was hardest hit, all the currencies of the Central and Eastern Europe (CEE) region are suffering adverse effects as a result of the war in Ukraine. Proximity to the war zone, dependence on Russian gas and the impact of EU sanctions combined to commence the CEE
Delegations from Russia and Ukraine held a fourth round of peace talks on Monday, aiming for a ceasefire, the withdrawal of Russian troops, and security guarantees for Ukraine. Ihor Zhovkva, deputy head of office for Ukraine’s President Volodymyr Zelensky, told the BBC that Moscow’s approach was becoming “more
Russian forces launched a missile attack on the International Center for Peacekeeping and Security, in the west of Ukraine, Sunday morning, according to the BBC. Euronews reports that the Russian military claimed to have killed up to 180 “foreign mercenaries” and substantial weapons shipped in in strikes against the military
US troops will not fight in Ukraine, but would defend “every inch of NATO territory” US President Joe Biden said on Friday. “A direct confrontation between Nato and Russia is World War III,” wrote Biden on Twitter. Russia attacked cities across Ukraine on Friday. Russian forces incessantly bombarded the northeastern
The European Commission said it planned to cut its reliance on fossil fuels from Russia by 2030, reducing dependence on Russian sources of energy by two-thirds by the end of the year. But it turned out there will be no ban on imports of Russian oil and gas imports to
Delegations from Ukraine and Russia were unable to broker a 24-hour ceasefire in their meeting on Thursday morning in Turkey. While Ukraine’s Foreign Minister Dymetro Kuleba said such a ceasefire would be necessary for urgent humanitarian issues, his opposite number Sergei Lavrov commented after their meeting the West’s
Ukraine’s President Volodymyr Zelensky is calling Russian forces bombing on Wednesday of a 600-bed children’s and maternity hospital in the port city of Mariupol “genocide”. Ukrainian authorities say the facility has been “completely destroyed” – 17 people were wounded, writes the Guardian. “Hospitals and schools are destroyed. Churches and
The Guardian reports that on Wednesday morning US time Vice President Kamala Harris was travelling to Poland, where she’ll meet Poland’s President and Prime Minister, on a trip to “further support to our allies and is also an extremely important opportunity to collaborate with them on next steps
Russian state media outlets are reporting that Moscow has announced another humanitarian ceasefire to allow civilians to flee. Civilians continued to evacuate Ukrainian cities such as Mariupol, Sumy and Kyiv on Tuesday, but authorities said shelling continued in some areas and it was unsure whether humanitarian aid shipments would reach
Hungary will now allow NATO troops to deploy into the west of the country, reversing an earlier stance of not allowing additional troops from the defence alliance other than its own to be stationed within its territory. Prime Minister Viktor Orban signed a decree to admit the NATO Response Force
Calling Russia’s invasion of Ukraine “a tectonic shift in European history”, the European Union is working out how to wean itself off of imports of Russian oil, gas and coal and diversify its sources of energy while speeding up the development of renewables. Half of the gas and coal
Russia has issued a veiled threat to Poland and Romania not to get involved in its operation against Ukraine, writes Romania Insider, quoting a Russian Defence Ministry spokesman Igor Konashenkov who told Reuters that any country allowing Ukraine to access airports or airfields would be considered participants in the war.
Representatives from Ukraine and Russia are scheduled to meet on Monday for another round of peace negotiations. Despite their earlier agreement to open up humanitarian corridors, Ukrainian civilians were not able to leave from Mariupol over the weekend; both sides blamed the other for the ceasefire failure. As Russian forces
NATO cannot fulfil Kyiv’s wish for enforcement of a “no-fly zone” over Ukraine’s territory, according to the defence alliance’s Jens Stoltenberg. After the Secretary General’s meeting with NATO defence ministers on Friday, they agreed that neither NATO troops nor planes should be in or above Ukrainian
French President Emmanuel Macron spoke to Russia’s President Vladimir Putin by telephone for one-and-a-half hours on Thursday. He told his Russian counterpart that he was making a “major mistake” by continuing his Ukraine offensive and that Moscow would remain isolated and under sanctions for a long time. Speaking to