• Will Ukraine be able to recover Yanukovich's assets?

    To this day, Ukraine has been unable to recover funds withdrawn from the country by former Ukrainian President Viktor Yanukovich and his assistants. More money can be lost if this process continues to be delayed. It has been a year and a half since the overthrow of Victor Yanukovich and his regime. Unfortunately, the process of refunding illegally withdrawn money by the former President and his assistants is slow.

    According to the European Union Delegation in Kiev, Ukrainian law enforcement …

  • Winter in Ukraine. Thousands of children need immediate help.

    According to the United Nations Organisation, more than two million Ukrainians are residing within territories beyond the control of Kiev authorities; and they need help. A report by The United Nations Children’s Fund (UNICEF) recently warned that hundreds of children might freeze to death this winter. There is growing concern whether the international organisations that provide humanitarian assistance will have access to the eastern regions of the country. The UN stated that the lives of more …

  • President of the European Commission offers Putin a deal if the truce is observed in Eastern Ukraine

    The president of the European Commission, Jean-Claude Junker wrote a letter to Vladimir Putin, offering closer trade relations between the EU and the Eurasian Economic Union in the observance of the truce in Ukraine. Reuters refers to this letter that was written after the G20 Summit in Turkey. In his letter, Junker stressed the importance of stable relations with Moscow, which, unfortunately, have been difficult to maintain over the past year. According to Junker, he appealed to the European …

  • Can Ukraine free itself from its dependence on Russian electricity?

    Ukraine is going to continue to import electricity from Russia because the Soviet power system in place does not have the ability to generate sufficient electricity. The Ministry of Energy and Coal Mining stated the import of electricity from the Russian Federation is necessary because, “Electricity is a good which can’t be stored. It has to be generated at the very moment when consumption occurs.” There are several reasons why the current Ukranian system is not able to generate adequate …

  • Sanctions over Ukraine to be extended despite Russian cooperation in Syria

    As reported by The Wall Street Journal, US and EU are prepared to keep pressure on Kremlin and renew their sanctions despite new Russian cooperation in the wake of the Paris attacks.The sanctions are expected to be discussed at EU leaders mid-December summit, and the decision must be backed by all 28 member states.

    Officials say there is a broad agreement that economic pressure should be kept on Russia until the peace is fully implemented. The options discussed are: extending the sanctions …