The International Monetary Fund (IMF) has agreed to a $27 billion bailout of the Ukraine over the next two years, including $14-$18 billion of “standby credit” for the interim government there.
The IMF had conditioned the bailout on Ukraine agreeing to myriad reforms and austerity measures, which were initially rejected by Ukraine’s parliament but later approved.
The reforms include major cuts to energy subsidies, meaning a 50% increase in the price of natural gas is coming in May and a 40% increase in electricity prices will be coming later in the summer.
Ukraine’s government is deeply in debt, with large amounts of it owed to Russian energy companies. Ukraine’s interim PM Arseniy Yaysenyuk has promised a major overhaul of the Ukrainian economy with IMF assistance.
IMF= AMERIKAN sheeple—to be 'sodomized' YET AGAIN..
The EU is throwing billions at Ukraine whilst forcing austerity on Spain, Portugal etc.
Who will pay the piper when the rest of Europe goes "bottom -up"/?
Why, the IMF will own these countries when they collapse. This is how the "elites" will build their "world society" – just another bigger conglomerate. The "loans" are the hooks needed to buy the right to rule, by fiat.
The 'murikan' (Bush speak) SHEEPLE WILL PAY till the 100th GENERATION++++–YOU ARE SLAVES–& your children's children's children..ad infinitum–will be slaves–>>>KEEP VOTING STUPID SUKKERS !
YES sheeple–YOU—YOU HAVE BEEN SODOMIZED–YET AGAIN
Hello African Sub-Saharn standard of living to Ukraine.
It will be easy to bag one of those Ukrainian babes now!
I know where I can go to land a hot younger wife now!!!!!!!! Terrible. Those folks will be indeed down to sub Saharan standards soon. Bulgaria and Moldova are bad enough, but half the population isn't going to make it through the winter with such a price increase.
Bankers take another nation state down to the path of eternal serfdom. Ukrainians have been duped a thousand fold on this. In 10 years or less they will beg Putin to come in or his successor.
A 40% increase in electricity prices. Well, that ought to be the final nail in the coffin of the post-Soviet Ukrainian economy. Unless the Ukrainian people hit the streets enmass and rise up against their common enemy, the government and their banking enablers. If you're an average Ukrainian, you're not feeling bailed out, but robbed. This is the price tag of two decades of reckless lending/borrowing by the banks and government, and the suffering Ukrainian people shouldn't have to pay for it.
Notice that these polices are never subjected to a democratic vote. They're either made behind closed doors, or at the point of a gun in the Ukraine now. So, of course, that makes this "legal", while the democratic Crimean referendum is "illegal".
I'm sure the coup regime in Kiev will go after the assets of the former leader they've overthrown, as a propaganda ploy, and then quickly get back to business as usual.