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You're reading: Notable developments in the last 24 hours in Ukraine

First, President Viktor Yanukovych confirmed in a TV address yesterday
that he will travel to the Eastern Partnership Summit in Vilnius, Lithuania, but
that he would only sign the association and free trade agreement when it was
economically right for Ukraine to sign.

The line was that Ukraine might sign “soon or not so soon”!

He highlighted that the costs of aligning with the European Union would
be 20 billion euros a year, and he put the total costs at 170 billion through 2017.
I am not sure how the figures add up. I am not sure how/where he came up with
these estimates, but the tone was clearly one of trying to explain why he might
not sign.

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