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Rumor Mill News Reading Room, Current Archive

Ukraine Becoming Poorest Country in Europe Amid IMF-Mandated Austerity

Posted By: IZAKOVIC
Date: Saturday, 24-Sep-2016 08:01:47
www.rumormill.news/57471

In Response To: OBONGO BANS US CITIZENS TO SUE SAUDI ARABIA FOR 911 (IZAKOVIC)

14:22 21.09.2016(updated 17:45 21.09.2016)

Starting in 2017, Ukraine will have the lowest official salaries in Europe, according to calculations by lawmaker Oleksander Vilkul. Meanwhile, Ukrainian politicians and economists have begun investigating the conditions attached to the IMF's recent $1 billion loan tranche, and are discovering that more austerity reforms are the order of the day.

Taking to the podium in Ukraine's parliament, the Verkhovna Rada, Vilkul complained that for ordinary Ukrainians, "life is getting worse and worse. A good example of this is the genocidal budget for 2017: The minimum wage of $60 [1,550 hryvnia] is the lowest in Europe. In 2013 it was three times higher."

The lawmaker also noted that the government plans to further reduce social benefits, while further hiking utilities prices, all under the guise of Ukraine's obligations to the International Monetary Fund.

"We are for international cooperation, but this should not entail consequences such as an increase in the retirement age, and the growth of utilities rates and [consumer] prices. Our men live an average of 65 years. Do you want to make it so that they die immediately after retirement?" Vilkul asked.

More:

https://sputniknews.com/europe/20160921/1045545519/ukraine-economic-woes-austerity.html

---

Ukraine is the largest country of Europe, after Russia.

It is the ancient origin of European civilization.
All of it is fertile for natural food production.

This is why US & City wants ti kill it.

IZAKOVIC



RMN is an RA production.

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AN EXPLANATION OF THE FACTIONS