Ukraine under pressure from currency fall, gas supply threat




 
--
Boots
 
February 25th, 2015  
News Manager
 

Topic: Ukraine under pressure from currency fall, gas supply threat


By Natalia Zinets and Anton Zverev KIEV/MAKIYVKA, Ukraine (Reuters) - Ukraine came under increasing economic pressure from a collapsing currency and a threat to its gas supplies from the Kremlin on Wednesday, just as a long-awaited ceasefire took hold in the east. As the truce appeared to be coming into force, the Ukrainian army reported no combat fatalities in the past 24 hours, but the news did nothing to halt a currency collapse that forced the central bank to ban most trading. In rebel-held eastern Ukraine, pro-Russian separatists were withdrawing heavy guns from the front. Kiev said it was too early to do likewise, but its acknowledgement that most of the front was quiet suggested it too could implement a truce that had appeared stillborn when the rebels launched a major offensive last week.




More...
 


Similar Topics
Russia cuts gas to Ukraine, flows to EU threatened
Ukraine faces gas cut threat as talks with Russia fail
Amid 'gas war' talk, Russia reassures Europe on supply
Ukraine looks to Europe for gas as Russia ups pressure
Russia warns Europe of gas supply cuts over Ukraine debt