Political and Economic Results of February 2015

A new truce was arranged in Ukraine in February 2015, following a meeting involving the leaders of Russia, France and the German Chancellor. However, the very context of Minsk II Agreements repeats the numerous understatements of Minsk I Agreements and can be broken any time unless solid guarantees, like peace-keeping forces, are provided. Russian government's attempts to cut budget spending have ultimately been converted into an unimposing figure of mere 2% for 2015, estimated by Russia's Finance Ministry. The brazen slaying of Russian opposition leader Boris Nemtsov has tarnished badly the state of law and order in Russia