Crimean lawmakers called a referendum to return Ukraine’s Black Sea peninsula to its former Soviet-era master as the European Union halted trade and visa talks with Russia to protest the Kremlin’s moves in the region.
Liquefied natural gas suppliers are readying for increased demand from European countries seeking to diversify access to the fuel amid concern over Russian shipments after its military intervention in Ukraine.
Poland’s central bank extended its pledge to keep the benchmark interest rate at a record low until at least the end of September from the middle of the year as inflation stays in check even as economic growth accelerates.
Lithuania’s energy minister called for faster work on new energy links between the Baltic countries and the rest of the European Union, as tensions in Ukraine boost concern about dependence on Russian supplies.
Ukraine’s acting President Oleksandr Turchynov said Russian troops are “directly involved” in the growing conflict in the Crimea and called for support from the UN and other international organizations.