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Ukraine’s Debt Burden as Europe’s Next Big Headache

On October 30 Russia, Ukraine and the European Commission signed a deal that will see Moscow resume vital supplies of gas to its ex-Soviet neighbor over the winter, as well as the transit to Europe... Will Ukraine carry out its commitments this time? Neither Moscow, nor Brussels could be sure of that. The document is signed by the Ukraine’s government which is to resign soon. Arseniy Yatsenyuk has chances to continue holding the position of Prime Minister. Not once he was responsible for Ukraine derailing the tripartite talks constantly changing its stance and putting forward unacceptable conditions...

Olga SHEDROVA | 04.11.2014


 

Russia Knocks Out EU

The European Commission has formed a group to assess the losses inflicted by Russian food embargo. The overall damage could be 12 billion euros. The EU has only 400 million euros earmarked for compensation. Brussels obediently followed the US policy on Ukraine and received a sensitive retaliatory blow against its agricultural sector as a result. According to Ric Spooner, Chief Market Analyst for CMC Markets in Australia, the Russian ban on agricultural products from the European Union, Norway, the United States and Australia will knock out other markets’ prices while exporters will be looking for new markets. This is a tough situation for the European Union but it has to reap what it sows.  

Pyotr ISKENDEROV | 14.08.2014


 

Europe Has No Substitute for Russian Energy Resources

In many ways, Serbian Prime Minister Aleksander Vucic’s two-day visit to Moscow this week was a breakthrough. To begin with, both sides finally managed to come to an agreement on all issues concerning Serbia’s involvement in the South Stream pipeline project. Serbia’s Prime Minister also emphasised an interest in developing a partnership with Russia, which he sees as a priority of his country’s foreign policy...

Pyotr ISKENDEROV | 12.07.2014


 

A Crisis of Faith within the European Union

The two-day EU summit in late June was marked by growing disagreements among members of that organization. Even the signing of the economic sections of EU association agreements with Ukraine, Georgia, and Moldova could not conceal this fact. It is entirely possible that by the time these documents take effect, the EU itself will have changed enormously, prompting a radically different approach toward, for example, the admission of many Balkan states...

Pyotr ISKENDEROV | 09.07.2014


 

Russia - EU: A Dubious Partnership Twenty Years Later

The signing of a Joint Political Declaration on Partnership and Cooperation between the Russian Federation and the European Union twenty years ago in Brussels had great significance for its time. This document laid the foundation for the further development of relations between Moscow and Brussels on key issues of European security, cooperation and development. In the following year, 1994, the parties signed a Partnership and Cooperation Agreement (PCA) which took force on December 1, 1997 and was planned to last for ten years. But the parties have not been able to sign a new document which could make Russia and the EU strategic partners for the past six years...

Pyotr ISKENDEROV | 14.12.2013


 

EU Goes East: Political Offer for Economic Colonisation

...In the case of six Eastern member states of the EaP the integration idea gives priority to the strong Western Global players over relatively week Eastern competitors... What can Kyiv expect from signing the Association Agreement with Brussels? 27 pages of the written agenda of the EU-Ukraine Cooperation Council in June 2013 make it evident: the preparations for the Association Agreement do not function at eye level, the text shows a clear submission of Ukraine’s whole legislation and a political, social and military adaption to EU’s guidelines... The chapter «Economic cooperation» shows that Brussels also wants to interfere in inner politics from financial to social affairs... In ordinary language: monetary policy is going to be controlled by the ECB, and social policy is submitted to the restrictive regime of austerity packages... Energy co-operation in Brussels’ words consists of two main points: abolishment of state subsidies for electricity and gas «to ensure full payments» and «integration of the united power system of the Ukraine into the Union of Central European electricity networks»... These are the corner pillars of the EU enlargement project, interfering in all possible spheres of national and local politics and economics...

Hannes HOFBAUER | 08.11.2013


 

What Lies Behind the Idea of the EU-Ukraine Association Agreement

Europe has no serious economic interest in an association agreement with Ukraine, and for Ukraine the economic consequences of liberalizing trade with the EU are more than dubious... The political element permeates the entire history of the negotiations for an agreement between the EU and Ukraine... Signing an EU - Ukraine association agreement is viewed as a guarantee that Ukraine will not participate in any integration processes in the post-Soviet area...

Natalia MEDEN | 26.06.2013


 

Discord Mounting in the European Union (II)

Right on time for the conflicts in the European Union at the center of which Germany has found itself comes an IMF report unprecedented in its self-criticism. This report acknowledges the organization's serious mistakes in developing and implementing the anti-crisis program for Greece. In particular, the report documents the unforeseen consequences for the economy of reducing state expenditures when the recession was already underway, excess optimism in assessing the chances of returning the country to the debt market, and delays in restructuring the state debt using private creditors...

Pyotr ISKENDEROV | 24.06.2013


 

EU: «Deposits Trimming» and Geopolitical Model

The European Union has launched a legal procedure to create a foundation for actions aimed at «cutting extra weight» from large deposits in the banks of the Union’s members... For the first time in the Eurozone history the investors are divided into the «reliable» and «risky» groups, and the last ones will have to face confiscations. The cutting away from deposits will be applied only to the troubled banks. As the experience of Greece, Cyprus, and even Spain and Italy shows, no banks are protected from trouble...

Pyotr ISKENDEROV | 01.05.2013


 

Nobel Peace Prize Laureate EU Making a Mockery of Free Speech

Only three days after being awarded the Nobel Peace Prize for its alleged role in promoting peace and reconciliation across the European continent, the European Union made the most undemocratic and non-peaceful decision one might think of by ordering the French-based satellite provider Eutelsat SA to take 19 Iranian TV channels, including the 24-hour English-language Press TV off air, denying millions of viewers across the world the opportunity to benefit from the alternative, critical standpoint of a group of media which had for long endeavored to challenge the Western mainstream media's uncontested influence over the global public opinion...

Kourosh ZIABARI | 25.10.2012




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OUR COLUMNIST
    Dmitry MININ

The Islamic State – America’s Double-Edged Sword

Serious experts are now in little doubt that the US administration was the ‘midwife’ of the Islamic State (IS). Renowned Israeli analyst and former head of the ultra-secretive intelligence agency Nativ, Jacob Kedmi, says that the US is now trying to use the tactic of setting moderate Islam against radical Islam, which was «successfully employed in Russia». It is not turning out well for the US, however, considering that for the last three years the Americans have acted as allies of the IS in Syria, and before that were allies of al-Qaeda and the Taliban in Afghanistan... The war currently being carried out against the IS by the US Air Force is recognised to be for show and is more reminiscent of an arrangement of red flags, beyond which it is inadvisable to go...

27.11.2014
 
 
 
 
 
 
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