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October 31, 2014

Russia, Ukraine Reach Gas Deal; Separatists to Hold Elections 
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Russia, Ukraine and the European Union have reached a deal to resume the
flow of Russian gas to Ukraine. The $4.6 billion accord ensures gas
supplies until March, both for Ukraine and European countries on the
receiving end of its pipelines. The gas will be paid for with help from
the International Monetary Fund and what the European Commission called
"unprecedented levels" of aid from the European Union. The deal comes
amidst escalating tensions as pro-Russian separatists plan to hold
elections Sunday in eastern Ukraine.

 

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