Wednesday, April 2, 2014

Russia's aggression "is the gravest threat to

Russia's aggression "is the gravest threat to European security in a generation and it challenges our vision of a Europe whole, free and at peace," NATO Secretary General Anders Fogh Rasmussen told reporters.

In a joint statement announcing the suspension of cooperation, the ministers said political dialogue in the NATO-Russia Council could continue, "as necessary, at the ambassadorial level and above, to allow us to exchange views, first and foremost on this crisis."

They said they would review NATO's relations with Russia at their next meeting in June.

Following the hike in gas prices reported by Russian state media Tuesday, Ukraine will pay $385.50 per 1,000 cubic meters of gas, up from the previous rate of $268.50.

The move -- effective from 1 April -- ends a discount that was agreed to before Ukraine's pro-Moscow President Viktor Yanukovych was ousted after months of street protests.

Ukraine also owes $1.7 billion in unpaid natural gas bills, Gazprom chief executive Alexei Miller was quoted as saying by the state-run RIA-Novosti news agency.

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