Blue &Yellow: Politics and Economics in Ukraine

There are different interpretations about who "won” in the gas war between Russia and Ukraine.  Yushchenko is already raising the possibility of revising the deal later in the year. However, Tymoshenko said that the National Security and Defense Council would not change the agreement. Tymoshenko, perhaps spinning a bad deal, tried to make it sound like Ukraine had benefited from the deal.

“I am proud Ukraine has come out of the crisis with dignity, has come out as a winner and obtained perfect conditions which, in the face of financial and economic crisis, give our enterprises an opportunity to preserve their competitiveness,” Premier said.

The long dispute between Russia and Ukraine has left its mark on EU countries affected by the crisis. The EU commission was skeptical about the new deal between the two countries, after it appeared that the deal would hold the head of the commission expressed his view on the ordeal. 

José Manuel Barroso, president of the European Commission, criticised Russia and Ukraine on Tuesday for their conduct in negotiations to end a two-week natural gas crisis, saying he had never witnessed such “really incredible” behaviour before.

As Russian gas flows resumed across Europe, Mr Barroso vented his frustration over the ordeal, accusing both countries of failing to live up to their promises as the European Union worked to broker a truce.

“Let me tell you, frankly, I was very disappointed during these discussions about the way the leadership in these two countries negotiated,” Mr Barroso said. “I will not forget that, and I think European citizens should know that.