EU Gives €11 Billion in Aid to Ukraine

On March 5, the European Commission promised Kiev €11 billion in aid, taking what many consider a long overdue measure to provide help in Ukraine. The promise of monetary compensation came alongside announcements that the assets of 18 former Ukrainian officers would be frozen.  The names of the individuals were withheld until Thursday, to prevent […]

Ukraine Rejects EU Financial Aid for Russian Deal

On Tuesday, December 17,Ukrainian President Viktor Yanukovich struck a deal with Russia, investing $15 billion (€11 billion) into the failing economy of the former Soviet nation. Russia also offered to reduce the price of its natural gas exports to the Ukraine by one-third, minimizing the amount paid by Naftogaz, Ukraine’s chief industrial gas company. These […]