SUBSCRIBERS

Ceasefire for eastern Ukraine agreed after Minsk summit

Published Thu, Feb 12, 2015 · 09:50 PM

Minsk

THE leaders of Germany, France, Russia and Ukraine have agreed on a deal to end fighting in eastern Ukraine, participants at the summit talks said on Thursday.

The deal reached after all-night negotiations in the Belarussian capital Minsk included a ceasefire that would come into effect on Feb 15, followed by the withdrawal of heavy weapons. The news came as Ukraine was offered a US$40 billion lifeline by the International Monetary Fund to stave off financial collapse.

The Minsk summit agreement offered hope for eastern Ukraine, German Chancellor Angela Merkel's spokesman said. "After 17 hours, negotiations in Minsk have finished: ceasefire from Feb 15 at zero hours, then withdrawal of heavy weapons. Therein lies hope," spokesman Steffen S…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here