Herashchenko calls for presence of EU peacekeepers in Donbas

The Ukrainian President’s envoy to restore peace in the Donbas region, Iryna Herashchenko, wrote on her Facebook page that the entry of a European Union peacekeeping mission to the conflict area in eastern Ukraine has become even more necessary.

“During a telephone conversation with the members of Normandy Quartet, the Ukrainian President asked the European Union to send a peacekeeping mission to Donbas. In the context of European security, monitoring the fragile situation in the Donbas region …


Russia to bolster defense in Armenia

Last week, Russian Defense Minister Sergei Shoigu and his Armenian counterpart Seyran Ohanyan signed an agreement on the creation of a Joint Regional Air Defense System in the Caucasian Collective Security Region.

“During the talks, we discussed a broad range of issues of cooperation in the military and military-technical spheres. The plans of bilateral cooperation of the defense ministries were signed for the next year,” Shoigu stated.

Armenia is home to two Russian military bases and 4,000-5 …


German Foreign Minister calls for full implementation of Minsk Agreements

The German Minister of Foreign Affairs, Frank-Walter Steinmeier, wrote on his Facebook page that Berlin favors the full implementation of the Minsk Agreements, the holding of local elections in the occupied territories of eastern Ukraine, and the release of all prisoners.

Steinmeir made it clear that the increase in the number of skirmishes in the Donbas region during the winter holidays is cause for concern. The Minister noted that he asked the Special Representative of the OSCE in Ukraine, …


Russian ruble hits lowest level in a year

On December 30th, the Russian ruble reached its lowest level against the U.S. dollar in a year, falling to 73 rubles and 20 kopecks to the dollar.

The ruble lost 40 percent of its value last year. Its present value is 20 percent lower than a year ago. This is an indication of how the Russian economy has suffered from Western economic sanctions and falling oil prices.

Russia's economy was hit hard by the sanctions imposed by the United States, the European Union and other countries. The …


Ukraine introduces a moratorium on payment of $3 billion to Russia

The Ukrainian Government confirmed its decision to impose a moratorium on the payment of debt to the Russian Federation worth $3 billion, that was loaned to the government of Viktor Yanukovych in 2013. In December of 2015, it was recognized as an official debt of Ukraine.

This was said by the Prime Minister of Ukraine Arseniy Yatsenyuk during a Cabinet meeting.

"We succeeded in stopping the military aggression of Russia, and now we are stopping the economic, financial and diplomatic …