News / Europe

Despite Protests, Ukraine's President Meets Putin on Pact

  • Ukrainian police officers stand in line during protests in Kyiv, Dec. 6, 2013. 
  • Kyiv's City Hall is now an organizational hub for protesters who have occupied the building, Dec. 6, 2013.
  • Protesters rest inside Kyiv's City Hall building, Dec. 6, 2013.
  • Supporters of Ukrainian EU integration sing and wave flags during a protest in front of the Ukrainian cabinet of ministers building in Kyiv,  Dec. 6, 2013. 
  • Protesters eat at their tent camp in Independence Square in Kyiv, Dec. 5, 2013.
  • Protesters drum on empty barrels as they rally in front of a government building in Kyiv, Dec. 5, 2013.
  • A man wrapped in a Ukrainian flag distributes tea to protesters at Independence Square in Kyiv, Dec. 4, 2013.
  • A man carrying a Ukrainian flag gestures as he stands on top of a bridge overlooking Independence Square, Kyiv, Dec. 4, 2013.
  • Protesters clash with police during a demonstration in support of EU integration in Kyiv, Dec. 3, 2013.
  • Police stand guard over protesters in front of parliament during a demonstration in support of EU integration, Dec. 3, 2013.

Protests in Kyiv

TEXT SIZE - +
Reuters
— Ukrainian President Viktor Yanukovich met Russia's Vladimir Putin on Friday to lay the grounds for a new “strategic partnership” to shore up Ukraine's creaking economy in defiance of protesters back home enraged by his U-turn away from Europe.
 
The leaders met in the Black Sea resort of Sochi in Russia, after Yanukovich flew in for an unannounced stop on his way back from China to map out a new agreement on trade and economic cooperation, a statement on Yanukovich's official website said.
 
Prime Minister Mykola Azarov told journalists Yanukovich would visit Moscow at some point in the future and sign a large number of documents. “We are talking about a major agreement here,” Azarov said though he gave no precise details of the outline deal.
 
Yanukovich faces turmoil in Kyiv, where protesters are massed on Independence Square and others occupy City Hall, furious at Yanukovich for walking away last month from a landmark pact on trade and integration with the European Union. Police have threatened to crack down harshly to enforce a court order that they disperse.
 
Ukraine needs help to meet $17 billion in debt repayments and Russian gas bills next year.
 
Analysts say Yanukovich's government appears to have struck a bargain with Putin, including for supplies of cheaper Russian gas and possibly credits, in exchange for backing away from the EU deal which would have heralded a historic shift westwards.
 
But the Sochi talks will lend ammunition to the Ukrainian opposition, which accuses Yanukovich of betraying the national interest by turning the clock back and forging closer economic ties with Ukraine's old Soviet master.
 
The stand-off is taking a toll on the fragile economy. The central bank has twice been forced to support the hryvnia currency this week and the cost of insuring Ukraine's debt against default has risen further.
 
Ukraine's dwindling currency reserves have particularly sparked alarm among investors. Intervention to support the hryvnia, repayments to the IMF and on treasury bills pushed these reserves further down by nine percent in November to $18.8 billion, the central bank said on Friday - less than that needed to cover two and a half months of imports.
 
Former economy minister Arseny Yatsenyuk, one of the opposition leaders, warned of even bigger protests if Yanukovich signed any agreement with Putin on the Russian-led customs union which Moscow wants Ukraine to join.
 
“If Yanukovich tries to sign anything with Russia about the customs union it will lead to a bigger wave of protests,” Yatsenyuk told journalists.
 
In Kyiv, several hundred demonstrators manned a protest camp on Independence Square as the opposition pressed for the resignation of the government, the release of jailed former prime minister Yulia Tymoshenko and the prosecution of the interior minister for being behind an earlier crackdown on protesters.
 
Tymoshenko's daughter, Yevgenia, told reporters her mother had ended a 12-day hunger strike, launched in solidarity with the protesters, at the behest “of the square”.
 
Opposition leaders, also including world heavweight boxing champion-turned-politician Vitaly Klitschko, urged people to turn out for another rally in central Kyiv on Sunday.
 
Default risk
 
A separate, smaller, group of protesters milled around in the corridors and staircases of City Hall on Friday despite the strongly worded threat from police to eject them.
 
“We have an evacuation plan,” said a 30-year-old trader, who was part of the protesters' security staff and gave his name only as Igor. “If they come at us, we will be able to hold them long enough to be able to get the women, children and the weakest men out of the building,” he said.
 
“We won't let them take the building back. We will resist to the end. We are not hindering anyone. The employees here are working normally,” added a 22-year-old Kyiv student, also called Igor.
 
Klitschko, who seems to be emerging as an agreed opposition candidate to take on Yanukovich in an election in 2015, warned authorities that any attempt to clear the large crowds from Independence Square would lead to a country-wide revolt.
 
“If the authorities try to disperse people from the [Independence] Square, then you will see rising up not 100,000 or 500,000 Ukrainians but the whole country,” he declared in a statement on his party's website.
 
Hundreds of thousands of demonstrators, angered at Kyiv's Nov. 21 decision to abandon the deal with the EU, poured on to the streets last Sunday after many people - a lot of them young students - were hurt in police action.
 
Though the government later apologized, Azarov returned to the attack on Thursday, labeling those holding public buildings like the mayor's office “nazis, extremists and criminals.”
 
He has rejected calls for his dismissal and an opposition call for early elections. His first deputy, Serhiy Arbuzov, who appeared to say on Thursday he supported snap elections, denied this on Friday, saying his words had been “twisted”.
 
The Ukrainian state and companies will struggle to repay the $7 billion of debt maturing next year, while doubts are growing as to how long the central bank's meager reserves can stave off a currency collapse.
 
“We think that default risk is being seriously under-estimated,” Timothy Ash, the head of emerging markets strategy at Standard Bank, said in a note to clients.
 
The International Monetary Fund has suspended negotiations with Ukraine for a new bail-out program, leaving the government to hunt for economic relief elsewhere.
 
The crisis has exposed a gulf between Ukrainians, many from the West of the country, who hope to move rapidly into the European mainstream, and those mainly from the East who look to  Moscow as a guarantor of stability.
 
In the city of Kharkiv, a court hearing in a new prosecution against Tymoshenko - whom many demonstrators regard as their leader - was put off again because of her non-attendance due to back trouble.
 
The EU considers Tymoshenko, the peasant-braided politician who co-led the “Orange Revolution” protests of 2004-5, a political prisoner and campaigned in vain for her release before Kyiv broke off negotiations.

You May Like

Analysts Warn of Regional Proxy Conflict in Afghanistan

Analysts warn if Kabul’s neighbors do not start to cooperate, competing desires for influence could deteriorate into a bloody proxy war in the country More

Saudi Intelligence Chief Replaced

Bandar bin Sultan came under criticism for supporting al Qaida, prompting King Abdallah to wrest Syria operations away from him in February, handing them to Interior Minister Prince Mohammed bin Nayef More

Poetry Magazine editor Don Share talks what makes a good poem with VOA's David Byrd

What makes a good poem? And is poetry as viable an art form as it once was? To find out, VOA's David Byrd spoke to Don Share, the editor of Poetry Magazine. More

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Google Buys Drone Companyi
|| 0:00:00
...
 
🔇
X
George Putic
April 15, 2014
In its latest purchase of high-tech companies, Google has acquired a manufacturer of solar-powered drones that can stay in the air almost indefinitely, relaying broadband Internet connection to remote areas. It is seen as yet another step in the U.S. based Web giant’s bid to bring Internet to the whole world. VOA’s George Putic reports.
Video

Video Google Buys Drone Company

In its latest purchase of high-tech companies, Google has acquired a manufacturer of solar-powered drones that can stay in the air almost indefinitely, relaying broadband Internet connection to remote areas. It is seen as yet another step in the U.S. based Web giant’s bid to bring Internet to the whole world. VOA’s George Putic reports.
Video

Video Ray Bonneville Sings the Blues and More on New CD

Singer/songwriter Ray Bonneville has released a new CD called “Easy Gone” with music that reflects his musical and personal journey from French-speaking Canada to his current home in Austin,Texas. The eclectic artist’s fan base extends from Texas to various parts of North America and Europe. VOA’s Greg Flakus reports from Austin.
Video

Video Millions Labor in Pakistan's Informal Economy

The World Bank says that in Pakistan, roughly 70 percent work in the so-called informal sector, a part of the economy that is unregulated and untaxed. VOA's Sharon Behn reports from Islamabad on how the informal sector impact's the Pakistani economy.
Video

Video Passover Celebrates Liberation from Bondage

Jewish people around the world are celebrating Passover, a commemoration of their liberation from slavery in Egypt more than 3,300 years ago. According to scripture, God helped the Jews, led by Moses, escape bondage in Egypt and cross the Red Sea into the desert. Zlatica Hoke reports that the story of the Jewish Exodus resonates with other people trying to escape slave-like conditions.
Video

Video Police Pursue Hate Crime Charges Against Kansas Shooting Suspect

Prosecutors are sifting through the evidence in the wake of Sunday’s shootings in a suburb of Kansas City, Missouri that left three people dead. A suspect in the shootings taken into custody is a white supremacist. As VOA’s Kane Farabaugh reports, he was well-known to law enforcement agencies and human rights groups alike.
Video

Video In Eastern Ukraine, Pro-unity Activists Emerge from Shadows

Amid the pro-Russian uprisings in eastern Ukraine, there is a large body of activists who support Ukrainian unity and reject Russian intervention. Their activities have remained largely underground, but they are preparing to take on their pro-Moscow opponents, as Henry Ridgwell reports from the eastern city of Donetsk.
Video

Video Basket Maker’s Skills Have World Reach

A prestigious craft show in the U.S. capital offers one-of-a-kind creations by more than 120 artists working in a variety of media. As VOA’s Julie Taboh reports from Washington, one artist lucky enough to be selected says sharing her skills with women overseas is just as significant.
Video

Video UN Report Urges Speedier Action to Avoid Climate Disaster

A new United Nations report says the world must switch from fossil fuels to cleaner energy sources to control the effects of climate change. The Intergovernmental Panel on Climate Change released the report (Sunday) following a meeting of scientists and government representatives in Berlin. The comprehensive review follows two recent IPCC reports that detail the certainty of climate change, its impacts and in this most recent report what to do about it. VOA’s Rosanne Skirble has the details.
AppleAndroid