Contents tagged with Russia

  • Greek PM: Sanctions against Russia are unproductive

    At a joint press conference with Russian President Vladimir Putin, Greek Prime Minister Alexis Tsirpas said Western sanctions against Russia were unproductive.

    "We have repeatedly said that the vicious circle of militarization, of Cold War rhetoric and of sanctions is not productive. The solution is dialogue,” Tsirpas said.

    At the same time Putin noted that during his meeting with Tsirpas, the annexation of the Crimea will not be discussed because “the matter is closed forever.”

    “Russia will …

  • Merkel calls for maintaining sanctions against Russia

    The Chancellor of Germany, Angela Merkel, stated on the sidelines of the G7 Summit in Japan that G7 countries want to preserve sanctions against Russia, Finanznachrichten.de reported. “As for me, it is too early to talk about lifting or easing of sanctions,” Merkel said. 

    “We should do everything in our power to make progress in the political settlement in the coming weeks. There are no large-scale hostilities but there is no stable truce either,” the Chancellor of Germany stated, adding that …

  • Estonian PM: Putin holds the key to the implementation of the Minsk Agreements

    Estonian Prime Minister Taavi Rõivas stated in an interview with Die Welt that the key to the implementation of the Minsk Agreements is in Putin’s hands. "The restoration of Ukraine’s territorial integrity is an integral part of the Minsk agreements. But obviously, this is not happening,” he noted.

    Rõivas emphasized that "It is Putin who is holding the key for this [implementation of the Minsk Agreements]. In my view, Russia should take two steps back if they want to continue to sit at the …

  • The US will not recognize a referendum in South Ossetia to join Russia

    The US does not support the possibility of holding a referendum to allow the state of South Ossetia to join the Russian Federation. This was said by the State Department spokesman, Mark Toner, and was reported on the department’s website.

    “We support the territorial integrity and sovereignty of Georgia, which includes South Ossetia. This means that we do not accept any attempts by South Ossetia to break away or declare its sovereignty,” Toner said.

    South Ossetia has changed the date for …

  • Moldova deployed military police units to the security zone

    Moldova has deployed, without warning, Carabinieri units into the so-called security zone. According to RIA Novosti, this was reported by the Co-chairman of the Joint Control Commission (JCC), Oleg Belyakov, at a meeting of the Transnistria Security Council.

    “On the 1st of May 2016, the Republic of Moldova unilaterally deployed Carabinieri law enforcement units to the security zone. The number of these units is currently being investigated,” Belyakov said.

    According to him, these actions …

  • Putin: Russia's old economic resources are no longer enough

    According Vladimir Putin, economic growth in Russia will not resume by itself, and the country needs to look for new sources of economic stability. The Russian President said this at a meeting of the Presidium of the Economic Council, which was held for the first time in two years, Rosbalt reported.

    "I consider it necessary to emphasize once again: economic growth will not resume by itself. If we do not find new sources of growth, the dynamics of the GDP will be somewhere around zero," Putin …

  • Russian human rights groups support the continuation of prisoner exchanges with Ukraine

    Leading Russian human rights advocates welcome the transfer of Nadiya Savchenko to Ukraine and Evgeny Erofeev and Alexander Alexandrov to the Russian Federation. They hope to continue the exchange of prisoners.

    “I’m very happy for Nadiya Savchenko and our guys. Nadiya Savchenko is going to have a triumphal life. She is a hero. I’m very pleased that common sense has prevailed here. The trial was a failure, as was her conviction to long years behind bars,” said Lyudmila Alexeyeva in her …

  • Inhabitants of Russian villages asked Obama to help them with gas supplies

    Valery Slesarev, an activist and resident of the town of Yegoryevsk, has visited the US Embassy in Moscow to ask US President Barack Obama to provide gas to several Russian villages.

    According to MK, Slesarev has been asking local authorities for nearly 10 years to provide several large villages in the area with gas. The majority of the residents are weak pensioners and war veterans who are forced to chop fallen trees for firewood.

    “What is happening in the city of Yegoryevsk is an outrage! …

  • Russian citizen sentenced in US for economic espionage

    On the 25th of May, the deputy representative of the Bank for Development and Foreign Economic Affairs, Evgeny Buryakov, received a two-and-a-half-year prison sentence for economic espionage while in the US. He was also fined $10,000 for the crime.

    According to AP news agency, the Russian received sensitive information concerning possible US sanctions against Russian banks between 2012 and 2015. Buryakov also received information on the development of alternative energy programs.

    Buryakov had …

  • Russian Eurobonds find little enthusiasm in western debt markets

    The Minister of Finance of the Russian Federation, Anton Siluanov, announced the successful placement of Russian Eurobonds in the amount of $1.75 million. According to him, 70 percent of the investment came from abroad although market analysts doubt that is the case.

    Moscow has returned to the Eurobond market for the first time after the introduction of the Western sanctions due to Russia's policy towards Ukraine. On Tuesday, May 25th, Russia proposed a ten-year bond for $1.75 million with a …