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home / articles / SBGSY - Putin Promises Ceasefire But Ukraine Calls Proposal 'Absurd' | Benzinga


SBGSY - Putin Promises Ceasefire But Ukraine Calls Proposal 'Absurd' | Benzinga

Russian President Vladimir Putin has promised to order a ceasefire in Ukraine and start negotiations if Kyiv begins removing troops from four regions that Moscow added in 2022 and abandons plans to join NATO.

Ukraine has refused Putin’s proposal, calling it “manipulative” and “absurd”, the Associated Press reports.

Putin made this promise as Switzerland planned to host world leaders, excluding those in Moscow, this weekend in an attempt to come up with a plan designed at establishing peace in Ukraine.

Meanwhile, leaders from the Group of Seven industrialized countries have met at the G7 Summit in Italy as the U.S. signed a 10-year security pact with Ukraine that Russia dismissed as “null and void,” according to the AP.

Also read: French Stocks Set For Worst Week Since Russia’s War In Ukraine, Yields Versus Bund Hit 12-Year Highs On Snap Election ...

Full story available on Benzinga.com

Stock Information

Company Name: Schneider Electric SE ADR
Stock Symbol: SBGSY
Market: OTC

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