Do More With Reuters
Partner Services

Medvedev: Kiev infighting holding up gas payments

Sat Nov 7, 2009 6:43pm IST
 
Email | Print | | Single Page
[-] Text [+]

BERLIN, Nov 7 (Reuters) - Political infighting in Ukraine ahead of a presidential election in January is holding up Kiev's payments for Russian gas, Russian President Dmitry Medvedev said in an interview with German weekly magazine Der Spiegel.

Medvedev placed the blame for frosty relations between the two former Soviet republics squarely on the shoulders of President Viktor Yushchenko and said he hoped a new leader would be more "pragmatic" in relations with Moscow.

European gas consumers are hoping to avoid a repeat of last January's row between Moscow and Kiev, which resulted in a two-week mid-winter disruption of Russian gas supplies through Ukraine -- a route that carries a fifth of Europe's gas needs.

Prime Minister Yulia Tymoshenko, a front runner in the Jan. 17 election, said on Friday Ukraine had great difficulty in paying a $500 million October gas bill because of obstacles placed by the president and the central bank. [ID:nL6559554].

Her comments reflect a similar charge made by Russian Prime Minister Vladimir Putin in October. [ID:nLU635960]

"In my view, (the payment problem) is linked to the election campaign in Ukraine, where one power harms another in an attempt to score political points," Medvedev said in an advance copy of the interview released on Saturday.

Ukraine's central bank and the president's office have said International Monetary Fund cash will be used to pay for the gas.

Medvedev has accused Yushchenko of anti-Russian policies.

The Ukrainian president, swept to power in the 2004 "Orange Revolution", has angered Moscow by his desire for Ukrainian membership of NATO and insistence that Russia vacate its centuries-old navy base in the Crimea.  Continued...

Hugh Hefner
PLAYBOY SALE
An icon bows to changing times

With his Playboy Enterprises in talks to be sold for about $300 million, the 83 year-old Hugh Hefner will be giving up control over the iconic adult entertainment empire he founded that was instrumental in shaping society's opinions on nudity, sex and free speech.  Full Article 

Market Update

  • IndiaIndia
  • USUS
  • UKUK
  • Asia
  • Most Actives

SPECIAL REPORT

Himangshu Watts
India's food dilemma

Indian farms are failing to attract capital or talent, either from rich landlords or the students who graduate from agricultural universities.  Full Article | Related Story 

showcase

U.S. Recession
U.S. Recession

A trip through the epicenters of the American recession.  Full Coverage 

 
Central Banks Cautious
Central Banks Cautious

Reuters tracks the policies of the world's top central banks as the debate over global economic recovery rages on.   Full Coverage 

 
T P Raman
Column - RBI leads the world

Reserve Bank of India's approach ring-fenced the banking system.   Full Article 

 
Funding Blues
Funding Blues

A popular tactic used by Indian brokerages to raise money for rich clients is likely to be banned.  Full Article 

 
Not Enough Jobs
Not Enough Jobs

Venture capital creates jobs, but not enough.  Full Article 

 
Column - A Sweet Dream
Column - A Sweet Dream

There are good reasons for Ferrero to consider a combination with Cadbury.  Full Article