Last week, the dynamics of global financial markets was determined by two important international events: negotiations as to settling the situation in Ukraine and a meeting of Finance Ministers of the euro-area countries (Eurogroup) with respect to Greece.

The negotiations in Minsk, which started in the evening of 11 February and lasted approximately 17 hours, ended with the signing of a peace plan that provides for cease-fire by both parties effective from midnight of 15 February and withdrawal of heavy armaments that should begin on the second day after the cease-fire the latest and be completed within fourteen days.

Financial markets survey 16.02.2015