Russia agrees to reduce prices on gas exports to Ukraine and purchase 11 billion Euros worth of Ukrainian government bonds.
A court in southern Russia finds Ukrainian pilot Nadiya Savchenko guilty of being complicit in the killing of two Russian journalists, killing civilians and illegal border crossing and is sentenced to 22 years in prison and a fine of 30,000 rubles. Savchenko denies all the charges and the Ukrainian government said that they would continue to press for her release.
OSCE observers who are monitoring a ceasefire in eastern Ukraine between the Ukrainian military and pro-Russian rebels, reported the presence of a new Russian weapons system in rebel-held territory this week, the 'TOS-1 Buratino' is a thermobaric multiple rocket launcher system which can destroy several city blocks in one strike and cause indiscriminate damage. Only Russia produces the system and it was not exported to Ukraine before the conflict broke out.
Analysts of Morgan Stanley predict that Russian President Vladimir Putin would soon block the transit of gas through Ukraine to Europe to retaliate against the world for imposing economic sanctions on Russia.
Around 50 armed men bearing Russian national symbols seize the building of the Supreme Council of Crimea following clashes between the ethnic Tatar and Russian protesters. The interim authorities of Ukraine put security forces on alert.