Contents tagged with EU

  • Russia's Gazprom announces plans to build new pipelines to Europe

    Even before completing the Nord Stream 2 pipeline and disassembling the redundant gas corridor for South Stream, Gazprom is dreaming of new multi-billion dollar projects.

    The company plans to build new gas pipelines to the EU in order to meet the increased demand for Russian gas, said Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee, at the Russian Energy Week forum on Wednesday.

    “New transport routes need to be created,” he emphasized, adding that this is supposedly “ …

  • EU to restrict cash movement for Russian oligarchs and officials

    The EU authorities have decided to control more strictly the movement of large sums of cash in light of an incident in which Russian senator and billionaire Suleyman Kerimov is believed to have brought nearly €900 million in cash into France in order to launder it through purchasing property on the French Riviera.

    On Tuesday, the Council of the EU confirmed a new customs control regulation to combat the movement of shady capital and money laundering. Persons bringing amounts greater than €10,00 …

  • Polish President reminds that signatories of Budapest Memorandum pledged to protect Ukraine

    After Kyiv acceded to the Treaty on the Non-Proliferation of Nuclear Weapons in 1994, the United Nations made a clear violation of the Budapest Memorandum, by which Russia, the US and Great Britain guaranteed Ukraine's security and respect for its sovereignty and territorial integrity, said Polish President Andrzej Duda in his speech at a meeting of the UN Security Council.

    He believes that in order to be respected, it is very important that the international community abide by its obligations …

  • Hungary wants to ease Russian sanctions

    In an interview with the Russian channel RT, Hungarian Prime Minister Péter Szijjártó said that he believes that there is a need to discuss anti-Russian sanctions instead of automatically renewing them.  

    At the same time, the head of the Hungarian diplomacy substantiates his position by the fact that the sanctions are allegedly useless.

     “Let’s analyze the facts, did the sanctions help the European economy or the Russian economy or, conversely, helped to put pressure on the Russian economy, …

  • Ukrainian Parliament amends the Constitution to reflect Ukraine’s determination to join the EU and NATO

    The Verkhovna Rada of Ukraine sent draft bill Number 9037 to the Constitutional Court on amendments to the Constitution of Ukraine regarding the country’s strategic course to acquire full-fledged membership in the European Union and NATO. 321 People’s Deputies voted for this decision, which was a first step towards amending the Constitution.

    According to the proposed amendments, the Verkhovna Rada’s powers will include "the implementation of the strategic course of the state to acquire full- …

  • Hungary and Russia agree on continuing gas supply after 2020

    Budapest and Moscow agreed on terms for gas supply after 2020, the year after the current contract expires, as stated on Tuesday, September 18th by the Hungarian Prime Minister Viktor Orban at a press conference after the meeting Russian President Vladimir Putin. Putin noted that Moscow now covers 60 percent of Hungary’s need for gas.

    However, he did not rule out that after the construction of the “Turkish stream” gas pipeline along the bottom of the Black Sea, one of its land lines can go …

  • US Defense Secretary: Russia meddling with Macedonian referendum

    US Defense Secretary James Mattis has accused Russia of trying to influence the outcome of the upcoming referendum in Macedonia, which is intended to clear the way for the country to join NATO.

    Mattis told reporters he has no doubt that the Russian government is financing pro-Russian groups in order to sabotage the referendum.

    “They have sent money and they are also conducting broader influence campaigns. We must give the Macedonians the opportunity to determine their own position,” Mattis …

  • Ukraine expects to receive the first tranche of new EU macro-financial assistance before the end of the year

    Minister of Foreign Affairs of Ukraine Pavlo Klimkin said that Ukraine could receive the first tranche of new macro-financial assistance from the European Union before the end of this year. However, he said that the funds will be received only if the International Monetary Fund's loan program is renewed.

    “Of course, we count on the IMF, but I’m sure that we will successfully finish every necessary negotiation. The international financial institutions always act in strict coordination and the …

  • Poland promises to protect Hungary against EU sanctions

    Poland will vote against any possible sanctions against Hungary coming from European organizations, said Polish Minister of Foreign Affairs Jacek Czaputowicz in a statement that was published on the Ministry’s website. Earlier, the European Parliament took an unprecedented decision to impose sanctions against Hungary for the “destruction of democratic institutions.”

    The Polish Foreign Ministry expressed its concern at the European Parliament’s decision. “Each EU Member State has a sovereign …

  • Ukraine and the EU to sign macro-financial assistance program for €1 billion

    As stated in the European Commission’s message, Ukraine and the European Union will sign a program of macro-financial assistance for €1 billion this week. On September 13, the Vice President of the European Commission, Valdis Dombrovskis will arrive in Ukraine to sign the deal.

    He will also hold negotiations with the Prime Minister of Ukraine, Volodymyr Groysman and Minister of Finance of Ukraine Oksana Markarova, and will take part in the Yalta European Strategy forum during his two-day visit. …