President Putin confirmed that Russia recognizes expanded borders of the breakaway republics in the Donbas. Head of Russia did not indicate what the 'expanded' borders are and if, indeed, they are the entire regions. He also hopes that Ukraine and separatists will be able to reach agreement regarding this matter.
The map below shows which areas could potentially be occupied by separatists.
Start investing today or test a free demo
Open account Try demo Download mobile app Download mobile app
Source: Ukraine National Security and Defence Council/ BBC via Forexlive
Putin reiterated that Ukraine needs to revise its approach to NATO membership. Russia's decision raises the risk of an escalation of the armed conflict, as the separatist forces have to force the Ukrainian army to retreat in order to seize additional territories.
RUS50 rebounds despite intensifying geopolitical tensions, however this may be related to profit-taking after recent sharp declines. Index is approaching major resistance around 1210 pts. Source: xStation5
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
