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European Union’s double standards

Posted by seumasach on April 8, 2014

6th April, 2014

Not long ago, the Ukraine was on the brink of a new economic meltdown. Its debt was roughly €140 billion or approximately 80% of its nominal Gross Domestic Product.

However, the Ukrainian economy was largely supported by loans from Russian Banks, which injected Kiev with almost €28 billion. In addition to that, the European Union, also injected €11 billion last week without any conditions attached.

This entry was posted on April 8, 2014 at 8:51 am and is filed under Battle for Europe, Coup d'état in Ukraine. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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