This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

Engaging Ukraine Is In Europe's Best Interests - Romano Prodi

KYIV, Ukraine, April 4, 2013 /PRNewswire/ --

" Ukraine is important to Europe as a source of economic growth and energy security, as well as a bridge to Russia, "  reiterates the former Italian Prime Minister and the former  European Commission  President  Romano Prodi  in his article for the Christian Science Monitor. The title of the article of April 2, 2013, reads  " EU should welcome Ukraine as a partner for Europe's own good " .

http://www.csmonitor.com/Commentary/Opinion/2013/0402/EU-should-welcome-Ukraine-as-a-partner-for-Europe-s-own-good

In the light of Ukrainian and European leaders finalizing the Ukraine-EU Association Agreement (AA) negotiations, the Italian politician reminds that  the AA would enhance bilateral trade and travel. The document is also expected to benefit Ukraine's closer integration with the 27-nation bloc.

Romano Prodi suggests that reaching out to the Eastern European country [by signing the agreement] would "restrain anti-democratic impulses" in Ukraine, like it did in Hungary, for instance. He reminded that at the time of the eight Central and Eastern European countries' accession to the EU in 2004, some of the new member states displayed conditions worse than those of today's Ukraine. Nowadays, however, these countries, including the post-soviet states, constitute an important part of the EU.

Speaking of the economy, Prodi comments that Ukraine, a country of some 46 million people, offers a large new market for the European products. Boasting highly educated and skilled professionals: software engineers, industrial workers, farmers, etc. Ukraine can provide Europe with new capable workers. " Ukraine's information and high-tech industries can help continue Europe's transformation into the knowledge center of the world," adds Prodi.

Energy-wise, Ukraine is important for energy security in Europe. Ukraine's shale gas deposits of 42 million cubic meters - third-largest in Europe - are recoverable and environmentally friendly, can serve as an energy source for Europe and the world's population in the future.

"It is of economic, political, and geostrategic importance to Europe and the U.S. that Ukraine comes under the European umbrella of shared values and free trade," resumes Romano Prodi. Engaging Ukraine, a reliable NATO partner, would also be beneficial for the West in terms of security interests. This is a serious geopolitical opportunity for Europe and the US. We should make the most of it."

SOURCE Worldwide News Ukraine

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,424.85 +162.29 1.00%
S&P 500 1,862.31 +19.33 1.05%
NASDAQ 4,086.2250 +52.0640 1.29%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs