Diplomatic efforts to end the Ukrainian stand off stepped up a gear yesterday. Some progress was made at the first meeting between the US and Russia since the crisis started. However the sides are still very far apart, and it is not clear that the Western powers are all pulling in the same direction. Sean was from Financial Times Brussels Bureau Chief Peter Spiegel and Donnacha O’Beachain who lectures in post-Soviet politics at Dublin City University.
The President of the European Commission, Jose Manuel Barroso, has bluntly ruled out the possibility that decisions taken by EU leaders will assist Ireland's campaign on reducing legacy bank debt. Mr Barroso said the agreement hammered out by Finance Ministers earlier this week on a banking union, and confirmed by EU leaders last night, was 'for the future' and was 'not retroactive'. Sean spoke with Peter Spiegel, Brussels bureau chief at the Financial Times and Martin Schultz, Socialist MEP and President of the European Parliament.