The seriousness of approach, the magnitude of the interest and the pertinence of the proposal the European Union adopted yesterday to end the stalemate in Ukraine can be seen in the kind of money the EU sets aside for this country. José Manuel Barroso, President of the European Commission stated yesterday that the Union can […]Europe enters uncharted waters with Kiev-Moscow standoff
March 4, 2014 by Leave a Comment
With a brief announcement of the G7, the West is practically recognising the occupation of Crimea by the Russian armed forces as a ‘fait accompli’ and by the same token the dismembering of Ukraine. The announcement signed yesterday by the G7 heads of states or governments, even accepts that Russia has “security or human rights […]Ukraine’s new political order not accepted in Crimea
February 28, 2014 by Leave a Comment
With the blessed by the West Julia Tymoshenko’s men in control of Kiev’s political scenery, and Russian army units or paramilitary units of Crimean Russians in control of the Black Sea southern peninsula, the Ukrainian division seems to consolidate. The EU and the US have practically recognized the new political order which is now established […]Can the US deal a blow to EU and Russia together over Ukraine?
February 24, 2014 by Leave a Comment
Within 24 hours the agreement that the European Union brokered in Ukraine was turned into a worthless paper by around 200 MPs and some hundreds of heavily armed ‘protestors’ in Kiev. Given that the power behind this radical change in the Parliament couldn’t be Russia or the EU it has to be Ukraine’s proper oligarchs, […]Russia won’t let Ukraine drift westwards in one piece
February 22, 2014 by Leave a Comment
Somebody must stop this person heading Europe’s diplomacy in the External Action service. Yesterday Catherine Ashton broke all limits in two successive statements, one for Libya and another for Ukraine. Even if she doesn’t mind her own credibility and political correctness, her bosses in, London, Berlin and Paris have to think again if she adds […]Sochi not far away from Ukraine
February 8, 2014 by 1 Comment
On the day the Russian organizers of the $51 billion Winter Olympic Games staged the opening ceremony in Sochi, the European Union found the opportunity to talk to Moscow about pigs, European pigs. Yesterday, Friday 7 February, Health Commissioner Tonio Borg called once more on the Russian Federation to “engage in constructive talks on the […]The US banks drive the developing world to a catastrophe
January 31, 2014 by Leave a Comment
How is it possible that the good news of the growth of the American economy which has raised its gear, also brings forth crisis and possibly destruction in developing countries? Yet this is exactly what is already happening in our brave new world. The good news is that the US economy now grows at a […]Ukraine turns again to the EU for more money
December 13, 2013 by 2 Comments
Yesterday’s development, with half the Ukrainian government under deputy Prime Minister Serhiy Arbuzovin in Brussels to discuss and possibly sign the Association Agreement with the EU, in exchange of more financial aid of the order of at least €18 billion, is a clear sign that the country is really in dire straits. Last week President […]Ukraine takes EU money and runs to sign with Russia
November 22, 2013 by Leave a Comment
Yesterday, Ukraine threw away in the dustbin EU’s ultimatum issued last Monday by the Lithuanian Minister of Foreign Affairs Linas Linkevičius during the EU Foreign Affairs Council in Brussels. Lithuania currently holds the EU Council Presidency, representing the entire Union. Linkevičius said that “Ten days remain for Ukraine and the European Union to take crucial […]Ukraine undecided over a strategic partnership with the EU
November 19, 2013 by Leave a Comment
The Eastern Partnership, EU’s major and expensive initiative to extend its influence up to the southern borders of Russia is faltering dangerously. Ukraine doesn’t seem ready to sign the Partnership, after Armenia recently rejected it. This is the second opening of the European Union to Eastern Europe, after the successful historic enlargement of the Union […]New European frontiers for renewable energy development
October 25, 2013 by Leave a Comment
On 15-16 October 2013 Kyiv hosted the Fifth International Renewable Energy and Energy Efficiency Forum. Organized by the IBCentre and Association of Alternative Fuel and Energy Market Participants of Ukraine, this annual event has become a discussion platform for the key alternative energy stakeholders and regional experts in wind, solar, hydro and biomass energy matters, […]Snowden is the “EU nomination” for this year’s Oscars
September 30, 2013 by 4 Comments
After last June’s revelations about the PRISM scandal you can actually feel it that the air in world politics has less oxygen. The leaders of the major world powers, EU, USA and Russia faced severe respiratory issues during this period. Obama is still suffering from severe panic attacks, Putin broke the window to get some […]EU deserves the title of the Syrian affair merchandiser
September 16, 2013 by Leave a Comment
With the US-Russian agreement on chemical weapons in Syria the world economy and more so Europe avoided a new blow, at a time when the resumption of business activities, especially in the European south, prove to be more fragile than expected. There is no doubt that this development defused the tensions which run high after […]Why capital markets have no more reservetions about Eurozone
September 13, 2013 by Leave a Comment
Borrowing on international markets is not at all a straightforward activity. Things are even more complicated when it comes to long-term debt paper with maturities spanning to decades. This little theory tells a lot about Eurozone’s creditworthiness. As a matter of fact, during the last few weeks the European Financial Stability Facility (EFSF) borrowed from […]Obama turns the G20 summit into warmongering platform
September 7, 2013 by Leave a Comment
In an unprecedented move the American President Barack Obama asked yesterday all and each one of the G20 leaders participating in the Saint Petersburg summit to back ‘his’ war against Syria by signing a paper (joint declaration) authorising the US to use military force. This is an attempt by the US to neutralise the United […]Why Obama asks approval from Congress to bomb Syria?
September 2, 2013 by 1 Comment
The fact that the American President Barack Obama unexpectedly decided to “seek authorisation for the use of force from the American people’s representatives in Congress”, in order to launch an attack against the Syrian government forces, is the first direct and open recognition of the limits of the American military and political supremacy, after the […]What lessons to draw from the destruction of Syria
August 29, 2013 by Leave a Comment
Three major Middle East countries, Iraq, Egypt and Syria are in a transitory phase or in deadly civil war and all of them being threatened with effective partitioning. After Iraq, the US supported actively by Britain, is now planning an attack to Syria which will certainly lead to a partitioning of the country. In this […]The Eurogroup has set Cyprus on fire
March 18, 2013 by Leave a Comment
Eurogroup’s decision to impose a haircut on all bank accounts held in Cypriot banks, even on balances bellow the until today “theoretically” guaranteed benchmark of €100,000, may become a boomerang for the entire Eurozone and will certainly set the island once more on fire. Who is to say that this will not have a devastating […]



























