One of the big questions regarding the Ukraine conflict is currently whether the latest agreement that includes a ceasefire, Minsk II, is still valid or it already failed – latest with the capture of Debaltseve by separatist forces. Some argue that Debaltseve was not part of the agreement while others see it the opposite way. … Continue reading Why Europe can’t acknowledge a failure of Minsk II
As the diplomatic tone between Russia and the West has reached a new level after the shelling of Mariupol which left at least 30 people dead, a new round of sanctions against Russia is being discussed among European politicians. Originally an ease of sanctions against Russia should have been discussed in March especially as representatives … Continue reading Finland’s nuclear deal with Rosatom endangered?
As economic crisis in Russia deepens with the Russian rubel in free fall, the United States and the European Union both announced to impose further sanctions on Russia at the end of this week. US president Obama has decided to sign legislation on Friday that sanctions the Russian energy and military sector and over that … Continue reading Russia: New sanctions to enforce regime change?
Today the Finnish parliament agreed on the highly criticized nuclear deal with Russia. With 115 to 74 votes the Finnish parliament approved the plan of constructing a new nuclear power plant in Pyhäjoki, delivered and partly owned by Russian Rosatom. The vote was overshadowed with an failure during the voting procedure. One vote against it … Continue reading Finland accepts nuclear deal with Russia
Despite EU sanctions against Russia, Finland continues negotiating energy deals with Russia. On 5 December, just one day before Finnish independence day (Finland was part of the Russian Empire until 6 December 1917), the Finnish parliament decides on a new nuclear power plant project that is partly owned by Russia’s state owned Rosatom and will … Continue reading Finland continues energy deals with Russia
Despite current EU-sanctions on Russia and Russian counter sanctions, Finland, until 1917 part of the Russian Empire, closed a deal on mutual electricity transfer with Russia. Finnish national electricity grid operator Fingrid and its Russian counterparts signed a deal on 7 November 2014 enabling Finland to sell up to 320 megawatt of electricity to Russia. … Continue reading Finland closes electricity deal with Russia