Mar 10 2014 - 18:20
The Ministry of Finance of Crimea should submit by tomorrow proposals for the transition of the republic from the Ukrainian hryvnia to the Russian ruble if Crimeans vote for entry into the Russian Federation in the March 16 referendum, the Prime Minister of the autonomy Sergey Aksenov said today."Our Ministry of Finance is dealing with this issue now. On Tuesday, March 11, they must present their proposals: what the procedure will be and how long it will take. It will soon be clear what could turn out from our developments, over which a large group of professionals is working," RIA Novosti quotes the Crimean prime minister.
Mar 10 2014 - 17:22
The European foreign policy service has begun preparing proposals for sanctions against Russia, which the EU threatens to introduce in case of the absence of effective dialogue between Russia and Ukraine, says Maya Kosyanchich, the press secretary of the head of EU diplomacy Catherine Ashton."I can not confirm the time frame, but I can confirm that the preparatory work has begun," says Kosyanchich, quoted by RIA Novosti.
Mar 10 2014 - 13:58
Ukrainian President Victor Yanukovych plans to make a speech in Rostov-on-Don on March 11, RIA Novosti reports.
Mar 9 2014 - 21:27
In phone talks with British Prime Minister David Cameron and German Chancellor Angela Merkel, Russian President Vladimir Putin underlined today that Russia insists that the referendum in Crimea is legitimate and based on international law.
Mar 9 2014 - 19:02
British Foreign Secretary William Hague says possible sanctions against Russia will not resolve the Crimean crisis. "There are no sanctions which would force Russia to leave Crimea," Hague says.
Mar 9 2014 - 18:04
On Saturday Western powers enhanced their efforts to pursue the Kremlin to change its official line on the new Ukrainian government. Despite the Western countries still warning Russia about the possible consequences of Russia's policy towards Ukraine, they seem to be pursuing Russia to start talks with Ukraine, rather than put pressure on it.
Mar 8 2014 - 16:07
Canadian Prime Minister Stephen Harper says that, following the recent developments in the Crimea, his country is imposing sanctions on Russia,
Mar 7 2014 - 19:12
Ukraine's Acting Minister of Defense Igor Tenyukh has decided to recall Ukrainian cadets from Russian military academies, the ministry's press service reports. A similar move has recently been taken by Canada, which has a very big Ukrainian dispora.