Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Ukraine Has Longer to Meet EU Demands, Lithuanian Minister Says

Ukraine has six months to meet European Union terms for an association agreement instead of a May deadline the 27-nation bloc set for improving its judiciary and electoral system, according to the foreign minister of Lithuania, which takes over the rotating EU presidency in July.

While the former Soviet republic is “technically ready” to sign the pact that includes a free-trade agreement, the government “must make very tough choices,” Linas Linkevicius said in a May 10 interview in London. It’s still possible to sign the accord at a November summit in Lithuania’s capital, Vilnius, he said.

“We will keep this pressure until the last moment,” Linkevicius said. “If they will be ready, we will be ready and we hope, we still believe, that it’s doable to sign the association agreement by the summit in Vilnius.”

The pact has been delayed by the 2011 imprisonment of ex-Prime Minister Yulia Tymoshenko for abuse of office, a move the bloc deems selective justice. While President Viktor Yanukovych pardoned an ally of Tymoshenko, Yuriy Lutsenko in April, prosecutors are considering a murder charge against her as she awaits a European Court of Human Rights ruling on her existing conviction.

The Strasbourg-based rights court ruled last month that Tymoshenko’s pre-trial detention was arbitrary and that she had “no possibility to seek compensation for her unlawful deprivation of liberty.” The ruling doesn’t affect her seven-year prison term, Ukraine’s Justice Minister Oleksandr Lavrynovych said April 30.

Linkevicius declined to comment on whether it was possible to sign Ukraine’s association agreement with Tymoshenko in jail.

Aside from the judicial issues, Ukraine’s government must decide between the EU’s free-trade pact and a Russian-led customs union, according to the minister. While some improvements have been made to the electoral system, the “general picture is still yet to be accomplished,” he said.

“We have plenty of time,” Linkevicius said. “We will be ready to catch up if they will be ready.”

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.