Saturday, 21 September 2013

Ukraine PM seeks to calm Russian fears over EU deals | Reuters

Ukraine PM seeks to calm Russian fears over EU deals | Reuters:

"Ukraine's prime minister sought on Saturday to calm Russian fears over Kiev's plans to sign a free trade pact with the European Union, saying in practice there would be no threat to Russia's home market.

Moody's Investor Service cut Ukraine's sovereign credit rating on Friday, partly on concern over relations with Russia.

Speaking at an international conference in the Black Sea resort of Yalta, Mykola Azarov also expressed frustration at Russia's refusal to reduce the price of its gas sales to the ex-Soviet republic and said Kiev may be obliged to reduce further the volume of its gas imports."

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