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dipsydoodle

(42,239 posts)
5. What they have yet to fear they may no concept at present
Mon Mar 17, 2014, 01:37 PM
Mar 2014

or have simply forgotten , assuming they were aware at the time, why IMF funding ceased 2008 and 2010.

IMF loans will be subject to reduced government expenditure including lowering of state pensions, devaluation of their currency and loss of the subsidised consumer gas supplies they currently enjoy. EU will loans will exactly carry the same conditions and be covered by English, not Ukraine , law and also secured against state assets. They also be required to privatise state assets of their own volition to demonstrate being of help to themselves.

In other words - Greece revisited.

It is also likely they will told how much the EU is prepared to pay for the products and produce. Those who export elsewhere at present using their own price structure are in for a very nasty shock.

Of the first $15 billion now promised that they receive $3 billion will immediately become payable to Russia in repayment of the $3 billion loaned by Russia to Ukraine in December.

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