European Commission ready with deal
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The European Commission said yesterday it was ready to conclude a trade deal with Ukraine and offer aid once a new government is formed. It believed a deal was in both parties’ interests and would be signed.
Ukraine’s crisis began last year when President Viktor Yanukovich turned away from a proposed European Union trade deal in favor of closer ties with Russia, which promised to lend Kiev US$15 billion and reduce the price of gas.
“I believe that yes, they are going to sign that deal,” EU Trade Commissioner Karel De Gucht told Sky News yesterday. “I don’t know when. First we need a government for that, and it has to take a democratic decision and it has to be in a stable situation.”
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