Skip to comments.Ukraine Shocks Population With Staggered 100% Heating Price Increase While Restricting Cash Use
Posted on 03/28/2014 4:34:02 PM PDT by dynachrome
Yatsenyuk addressed the nation in a TV appearance:
*UKRAINE TO RAISE GAS, HEATING PRICES GRADUALLY, PREMIER SAYS *UKRAINE TO RAISE HEATING PRICES 40% THIS YEAR, 40% NEXT YEAR *UKRAINE TO RAISE HEATING PRICES 20% IN 2016 AND 20% IN 2017 So a 182% increase by 2017
*YATSENYUK SAYS PRICE INCREASE WILL BRING IT TO MARKET LEVELS *UKRAINE HOUSEHOLDS PAY $84 PER 1,000 CUBIC METERS GAS:YATSENYUK *IMPORTED RUSSIAN GAS WILL BE ABOUT $500: YATSENYUK *HOUSEHOLD RATE INCREASE IS `ONLY RIGHT DECISION:' YATSENYUK And then, via The Ukraine Central Bank, they implement tougher capital controls:
*UKRAINE CENTRAL BANK SETS LIMITS ON FOREIGN CURRENCY PURCHASES *UKRAINE CENTRAL BANK LIMIT PURCHASES 15,000 HRYVNIA PER PERSON PER DAY ($1300) *UKRAINE CENTRAL BANK LIMIT PURCHASES 150,000 HRYVNIA PER PERSON PER MONTH ($13,000) *UKRAINE CENTRAL BANK SAYS ON WEBSITE LIMITS TAKE EFFECT TODAY *UKRAINE CENTRAL BANK SAYS FX RESTRICTIONS TO REMAIN UNTIL MAY 1
(Excerpt) Read more at zerohedge.com ...
Or at least, no direct link in English.
Is this reliable? That neo-Nazi militia is going to overthrow the government in a heartbeat if this occurs. Are they trying to tie their own noose?
This may move Ukranians to simply surrender to the Russians. They will not like all of this austerity from a puppet government.
That's some very, very cheap gas right there, I don't care who you are.
If I could buy it for that I would be a very rich man.
heh. The top 6 countries in that chart won’t do squat about Putin. Maybe Putin can annex Greece. They probably owe Russia most of their country by now.
Russia subsidised the cost to Ukraine. Now that will end.
“Concerns over Ukraine’s financial condition whose treasury account is, by its own admission, almost empty rose after Russian state gas company Gazprom said it would cancel a substantial discount on natural gas granted in December. President Vladimir Putin, meanwhile, noted Ukraine still owes some $2 billion for gas.’
Doesn’t matter to you does it that you stole Crimea does it Pooty?
Maybe the EU needs to learn to frack.
Would we miss Greece? OK that’s a little callous. But just sayin’.
Time to learn the value of heating with wood and coal. Message to Ukraine: Jotul.
The beatings will continue until morale improves.
Sounds like “necessarily skyrocket” to me. Obama must be terribly proud.
Welcome to western transnational comity.
Sounds like Ukraine is a mess. Maybe best to just hand the whole thing over to the Ruskies anyway.
“Russia subsidised the cost to Ukraine. Now that will end.”
Now, the Euros under $0ros will begin the Greecing and Cyprusing of the Ukrainians.