Russia

A new statue of the last tsar of Russia will be erected in Belgrade in the park on Kralja Milana street, near the Russian cultural centre, Ruski Dom.

The monument has been donated by Russia, which will also fund the renovation of the park in collaboration with several Russian companies.

By Dimitra Manifava

Greek exports declined for a fifth consecutive month in February, data by the Hellenic Statistical Authority (ELSTAT) have shown, creating serious concerns about the sustainability of production in the country’s primary and secondary sectors.

Bank of Cyprus said on Monday that it is looking “positively” at a revised offer to sell its loss-making PJSC Ukrainian unit to Russia’s Alfa Group as part of a restructuring drive.

A "Crimea scenario" is being played out by Russia in Eastern Ukraine, according to interim Ukrainian President Oleksandr Turchynov.

He also accused Russia for the unrest which was renewed in Ukraine over the past hours.

EC President Jose Barroso has told Tsvetan Tsvetanov, Deputy Chair of Bulgarian party GERB, that the South Stream gas pipeline has not been given priority treatment in Europe.

Sachs argues in favor of "international law"

"As frightening as the Ukraine crisis is, the more general disregard of international law in recent years must not be overlooked," Jeffrey Sachs writes.

BELGRADE - Serbian First Deputy Prime Minister Aleksandar Vucic will meet with former German chancellor Gerhard Schroeder in Belgrade on Thursday to mark the initiation of operation of the Serbia-Germany Forum, the Forum announced on Monday.

An Act on State Sovereignty of the Donetsk People’s Republic was read out Monday at a session of the regional council, reported ITAR-TASS.

A Ukrainian naval officer was shot by a Russian soldier on the Crimean peninsula, Ukrainian Defense Ministry has claimed.

Ministry officials, as quoted by Ukrainian news agency UNIAN, said that a sailor had been preparing to leave Crimea, which recently joined the Russian Federation, when a Russian soldier fired at him on Sunday night.

Russia's consumer rights agency announced Monday it is to impose a ban on import of Ukrainian milk products from six regions of the country.

Officials by Rospotrebnadzor said that the goods do not meet regulations of fatty acid composition, as well as those of total protein and fat percentage, as the watchdog reported in a press release.