View Single Post
  #2 (permalink)  
Old 4th February 2014, 00:35
stepanstas stepanstas is offline
Moderator
 
Join Date: Sep 2005
Location: USA
Posts: 3,147
stepanstas is on a distinguished road
I'm always against giving up land or utilities, even for so called "temporary" periods to outsiders, or even domestic companies. Ukraine does need financial stability and if I were a lender, I would definitely want more than a simple promise. The problem, I think, is regardless of whether Ukraine gets $1 Billion or $15 Billion, nothing changes financially. The money just drips out and there is no way of paying it back, passing the buck further. In it's proposal for a trade association agreement with the EU, the EU requested and increase in gas prices for it's citizens as it gets subsidized. As much as the government doesn't want to do that, especially for upcoming elections, it is a must.
Reply With Quote