President Vladimir Putin warned Ukraine against continuing its anti-separatist offensive after government troops killed five rebels and prompted Russia’s military to begin new drills on the two nations’ border.
Czech Finance Minister Andrej Babis says he wants to manage public finances in the same way he ran his $12 billion business. Bondholders approve, awarding the three-month-old government with the lowest yields since May.
New World Resources Plc, the largest Czech producer of coal for steelmakers, agreed to keep its unprofitable Paskov mine open until end-2017 after the government pledged to provide financial aid for the miners.
Pro-Russian protesters in eastern Ukraine defied pleas to disarm as officials in Kiev pledged to honor an accord reached in Geneva and an international group began expanding its presence to help defuse the crisis.
Pro-Russian protesters in eastern Ukraine refused to lay down their arms even as the government in Kiev pledged to abide by an accord reached in Geneva, testing anew Russia’s willingness to help defuse the crisis.