During its Riphean to Palaeozoic evolution, the East European Craton was affected by rift phases during Early, Middle and Late Riphean, early Vendian, early Palaeozoic, Early Devonian and Middle-Late Devonian times and again at the transition from the Carboniferous to the Permian and the Permian to the Triassic. These main rifting cycles were separated by phases of intraplate compressional tectonics at the transition from the Early to the Middle Riphean, the Middle to the Late Riphean, the Late Riphean to the Vendian, during the mid-Early Cambrian, at the transition from the Cambrian to the Ordovician, the Silurian to the Early Devonian, the Early to the Middle Devonian, the Carboniferous to Permian and the Triassic to the Jurassic. Main rift cycles axe dynamically related to the separation of continental terranes from the margins of the East European Craton and the opening of Atlantic-type palaeo-oceans and/or back-arc basins. Phases of intraplate compression, causing inversion of extensional basins, coincide with the development of collisional belts along the margins of the East European Craton. The origin and evolution of sedimentary basins on the East European Craton was governed by repeatedly changing regional stress fields. Periods of stress field changes coincide with changes in the drift direction, velocity and rotation of the East European plate and its interaction with adjacent plates. Intraplate magmatism was controlled by changes in stress fields and by mantle hot-spot activity. Geodynamieally speaking, different types of magmatism occurred simultaneously.