EU to provide 470 million euros in assistance to Ukraine RIA Novosti, PUBLISHED March 03, 2011 The European Union will provide 470 million euros ($651mn) in financial assistance to Ukraine for the period until 2013, the European Commission said. The deal was signed on Wednesday by Ukraine's First Deputy Prime Minister Andriy Klyuyev and EU Enlargement Commissioner Stefan Fuele. The funds are designed to boost the rule of law and governance in the country in order to speed up the signing of the Association Agreement with the EU. Ukraine's European integration policy faces three tasks: visa cancelation, creating a free trade zone and receiving associate membership in the EU. Ukraine hopes to conclude talks on the Association Agreement, part of which is the free trade zone provision, in the first half of 2011. Topics: Europe, East Europe, Ukraine Other news: Russia ready to finance Egypt first nuclear plant Russia confirmed its participation in a tender to build Egypt's first nuclear power plant and said it was willing to help finance the project. ARMZ acquires Australian uranium producer in $1.2 bln deal ARMZ will pay eight Australian dollars per share, which represents a 15.5 percent premium on the average market price for 20 trading days. Russia to start building Turkish NPP in 2013 Russia will start building Turkey's first NPP estimated at $20 billion in 2013, Russian ambassador to Ankara Vladimir Ivanovsky said. |
Hero of the day Obama nuclear summit: A minor success Further proof of this fact was provided by Obama Nuclear Security Summit held in Washington on April 12-13. However, this goal is unlikely to be achieved in four years. INTERVIEW
Christophe Behar OPINION
Vladimir Rychin |