Ukraine Shocks Population With Staggered 100% Heating Price Increase While Restricting Cash Use

Tyler Durden's picture

In a TV address to his divided nation, Ukraine's PM Yatsenyuk stunned the people by first suggesting heating prices would rise gradually, then confirming a plan that will see prices rise 100% in the next 2 years (and almost 200% by 2017) as the cost of imported Russian gas is expected to be around $500 (up from the current $84). This standard of living crushing move was then followed by tougher capital controls, restricting cash purchases to around $1300 per person per day after the Central bank basically admitted "amid a tense situation in money markets" it was broke. And all of this comes on the heels of what can only be described as a vague pro-forma comment by US and EU governments over the riots by the "Right Sector" ultranationalists that clearly did not want to upset the state-sponsored thugs too much.

 

Yatsenyuk addressed the nation in a TV appearance:

  • *UKRAINE TO RAISE GAS, HEATING PRICES GRADUALLY, PREMIER SAYS
  • *UKRAINE TO RAISE HEATING PRICES 40% THIS YEAR, 40% NEXT YEAR
  • *UKRAINE TO RAISE HEATING PRICES 20% IN 2016 AND 20% IN 2017

So a 182% increase by 2017

  • *YATSENYUK SAYS PRICE INCREASE WILL BRING IT TO MARKET LEVELS
  • *UKRAINE HOUSEHOLDS PAY $84 PER 1,000 CUBIC METERS GAS:YATSENYUK
  • *IMPORTED RUSSIAN GAS WILL BE ABOUT $500: YATSENYUK
  • *HOUSEHOLD RATE INCREASE IS `ONLY RIGHT DECISION:' YATSENYUK

And then, via The Ukraine Central Bank, they implement tougher capital controls:

  • *UKRAINE CENTRAL BANK SETS LIMITS ON FOREIGN CURRENCY PURCHASES
  • *UKRAINE CENTRAL BANK LIMIT PURCHASES 15,000 HRYVNIA PER PERSON PER DAY ($1300)
  • *UKRAINE CENTRAL BANK LIMIT PURCHASES 150,000 HRYVNIA PER PERSON PER MONTH ($13,000)
  • *UKRAINE CENTRAL BANK SAYS ON WEBSITE LIMITS TAKE EFFECT TODAY
  • *UKRAINE CENTRAL BANK SAYS FX RESTRICTIONS TO REMAIN UNTIL MAY 1

After admitting they are broke...

Taking into account the preservation of the tense situation in the money market, the Decree ? 172 introduced some additional stabilization measures, such as:

 

Given the increased demand for foreign currencies set the maximum amount of sales of the same individual, which is equivalent to not exceed 15 000 for other operating (working) day in the same banking institution; imposed certain restrictions on transfers of foreign currency by individuals outside of Ukraine for current non-commercial operations.

 

Such operations are allowed to an amount not exceeding the equivalent of 150 000 per month. However, these restrictions do not apply to a number of important social and transfers, namely to cover the costs of medical treatment abroad, transporting patients, transfers carried out in case of change of the state of residence relating to the payment of non-residents of Ukraine and some others. Residents allowed to repay loans

And then, following last night's riots where the alledgely US sponsored ultranationalists who ousted Yanukoych turned on their new masters,

  • *NEED TO BALANCE POWERS PRESIDENT, GOVT, PARLIAMENT: YATSENYUK

And this rather vague response from a joint EU/US statement:

The U.S. Embassy in Kyiv and the Delegation of the European Union to Ukraine condemn the incident that took place at the Verkhovna Rada on the night of March 27.

 

This is a difficult moment in Ukraine’s history, which requires consolidation of all reform efforts, while embracing mutual respect and eschewing violence. Lasting reform in Ukraine will be a long and complex process. To be credible, it must remain democratic, transparent, and peaceful and be pursued exclusively in coordination with the nation’s democratic institutions. As in the past, we call on all sides to refrain from violence and to stick to legal methods for expressing their views and concerns and to avoid any actions which may destabilize the situation.

 

We welcome the statements of Pravy Sector’s leadership that they intend to keep their actions “within the framework of the law”. We urge all political forces to distance themselves from extremists, who undermine the efforts to stabilize Ukraine and to protect its sovereignty.

 

We urge the Ukrainian Government to ensure that those who broke the law are held accountable. We stand by previous assertions that any death which occurs in unclear circumstances should be investigated impartially in order to provide citizens the feeling of security and accountability of law enforcement organs. We welcome the establishment of the special parliamentary commission which will scrutinize all evidence on the events involving the police and resulting losses.

 

During this process, the United States and European Union remain committed to standing with the Ukrainian people to help them build the prosperous, democratic future they deserve.

So to summarize... the government has a plan that dramatically raises living costs for Ukrainians (ensuring that various internation factions will need to lend them more money in bailout terms)... while restructing what the Ukrainian people can spend... promising fair elections in May as the EU and US barely flutter an eyelid at the riots that occurred against the new government... and all of this as Putin gathers increasing amounts of military might on the borders...

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ParkAveFlasher's picture

Launch the Ben-o-copters! 

ThirdWorldDude's picture

They be droppin' little vampire squids...

john39's picture

thermidorian reaction is going to be a real bitch.

EscapeKey's picture

The Russki's have been selling gas to Ukraine at a steep discount. Now that Ukraine is west-looking, Russia is no longer interested in subsidising Ukrainian heating. Hence the hefty price increase.

Stoploss's picture

The EU wants Ukraine so they can do what they're doing to them now, but on a much bigger scale.

Then you have Tymoshenko, who wants an EU leaning 'independent' Ukraine.

Then you have Putin, who wants to reclaim lost lands and expand back to what they were.

Only one of these actually possesses the ability to actually achieve the goal.

asteroids's picture

Here in the great white north Enbridge will jack up rates 40% April 1. Grrrr.

cifo's picture

Indeed, but you can hedge it with riterate.

Latina Lover's picture

Can't blame the Crimeans for voting to join Russia. 

 

 

Bend over Ukies, here comes the European pivot right up your collective asses. 

Rafferty's picture

The instigators of this latest adventure, Nuland et al, have f^cked up Ukraine to a degree  and in a time frame that's just breathtaking.  Compare the country to what it was before the Maidan and what it will be like in a year's time.  Thanks a bunch, 'western democracies'.

cossack55's picture

Even Libya took a little longer.

Antifaschistische's picture

So, Obama is jealous because in the Ukraine...the Prime Minister gets to make all the announcements about price changes to gas, and in America we just look on the sign at the local gas station.

So Obama, wants to change prices too!!   Here come the Strategic Petroleum Reserve Liquidation Sale.   Yah, that will really hurt Russia...depleting our OWN supply of a non-renewable energy source, and encouraging the Saudi's to accelerate their own depletion rate.

Good call...

fxrxexexdxoxmx's picture

Wanna bet once Putin takes the rest of Ukraine the price increases will stay the same. Putin only already steals from his own people why would he treat the soon to be new Russians of the remainder of Ukraine any different?

Ptuin and his cronies are all about money, and if you disagree why do they need tens of billions of dollars each? All which has been stolen from the natural resources of Russia.

Jack Burton's picture

So then, Putin sounds just like any elite American zionest banker whore. All whores of zion are the same, greed, money, power and hatred for the average man.

luckylongshot's picture

The hefty price increase also means Russia only needs to sit and wait and Ukraine will return to its previous state ( without a $5 Billion spend like America made to fund the coup.)

ThroxxOfVron's picture

"thermidorian reaction is going to be a real bitch."

No shit.   In Ukraine the trees may be heavy with fruit by late April this year...

 

As soon as the IMF deal is shoved through someone (with a nobel prize up his ass?) will probably be along shortly to encourage the bastards to try to print their way out of this disaster.   I wonder how long it will take befor they break down and start buring the furniture and books come next winter when the pipes run dry...

chemystical's picture

"...after the Central bank basically admitted "amid a tense situation in the money markets" it was broke."

Broke?  Um, what about all of the gold you guys had before the kosher crowd took the reigns?  Oh, yeah, I forgot, it was airlifted out of your country and into....?

Probably more of the squid's policy of "Let us turn your gold and our experience into our gold and your experience."

Ahmeexnal's picture

Nazis in Ukraine.
Seems like the same modus operandi the krauts have used in the past.
Case in point, Yatsenyuk and Lenin. Both german operatives sent to overthrow an established government and loot the victimized country of gold.

Would be interesting to know if Yatsenyuk also arrived on a sealed train protected by german authorities.

This time Russia knows better than to trust the krauts again.
Nicholas II paid with his life (and that of his whole family). Stalin trusted the germans and they betrayed him again.
Putin knows Merde-kel can't be trusted.
Hopefully the cossacks will ride over germany once again.

cossacks uber alles!

Rafferty's picture

Troll alert. Class A distraction.  The Germans my ass!  Check out the ethniciy of the new PM, our friend 'Yats', the new governors of the major Ukraininan cities and the oligarchs who bled the country dry.  IOW the people running the place.

Christophe2's picture

The Jews have always been the painfully visible 'bad cops'.  The real power stays occulted, as much as possible.

 

Ex-illuminati sources (ex: http://svalispeaks.com/) explain very well how America is actually, more than anything, a Bavarian (ie: German) illuminati colony.

 

In any case, it is clear that the German elites, like those of all other NATO countries, are all professional liars and manipulators working 100% with the satanic NWO.

 

Fuck Germany and every other NATO/NWO country out there (but best wishes to all the unfortunate citizens caught up in it all).  Russia is barely any better (a renegade illuminati powerhouse), but it's amuzing nonetheless to see our hamfisted 'elites' missplay and screw themselves over and over again, especially since it's making the full-sprectrum NWO ever less of a possibility!

Ifigenia's picture

where are the americans jews in this picture?

fxrxexexdxoxmx's picture

They are in the banks. They love banks. Has something to do with g-d and their special realtionship him which grants them unique status in the world. 

Freddie's picture

These criminal oligarch and State Dept MF'ers.  I do not watch retard TV but I am sure the US and western media will say nothing except blame Putin for everything. This nightmare was caused by the US State Dept.

Obama's NCAA bracket (college sports so retarded) did not work out - Putin's fault.

Mrs. Wookie's ass gets even bigger - Putin's fault.

Stock market down - Putin's fault.

McCain has another stroke - Putin's fault.

No wind for John Kerry Kohn's sailing yacht - Putin fault.

F these criminals in Wash DC and Kiev!

Manthong's picture

Can’t blame Putin for the First Wookie lower area mass accretion.

That’s a function of the binary gravitational depressions down there.

It's a place from which light does not escape.

McMolotov's picture

If you lie down with Nazis, you get up with dramatic price increases and capital controls.

VD's picture

precisely...all of this was mapped out over month ago...as i said over month ago...prepare for Russia to move in shortly... (Kunstler's peak stupidity re: Russia can't afford to notwithstanding LOL!)...

john39's picture

the Nazis appear to be the useful idiots (again) in this scenario...

VD's picture

yes they generally are...useful dangerous idiotz....just like i warned months ago....and Obummer remains willfully the ignant laughing stock of the global ponzi.....next USSA election just vote Putin....

jaxville's picture

I keep hearing "Nazis" but the photo on the header is that of a Jew !?!?!?

 

Anyone else feeling some cognitive dissonance here?

john39's picture

see my useful idiot comment above...  the uprising was also lead by ex-israeli commandos...

Dewey Cheatum Howe's picture

http://www.globalresearch.ca/there-are-no-neo-nazis-in-the-ukraine-and-t...

Look at the pictures first and then talk about cognitive dissonance.....

And btw pravyi sektor are only one subset of Svoboda which is the political arm for ALL them Neo Nazi groups, they are a part of a coalition called UNO-UNSO. Pravyi sektor in particular have long term NATO ties working as 'tripwire' paramilitary mercenary force for NATO in places like Kosovo and Chechnya and more recently as in Poland hence the recent call up of reservists now that these NATO assets are busy rioting in the Ukraine now.

 

 

Dewey Cheatum Howe's picture

And more on that cognitive dissonance because pravyi sector or not Svoboda is still the big component of the Ukraine government joooo prime minister 'Yats" or not.

http://www.voltairenet.org/article182840.html

... Ideology

Ukrainian neo-Nazi organizations were the driving force behind the coup d’etat committed in Kiev in late February. The ultranationalist Pravy (Right) Sector, led by Dmitro Yarosh, is the most publicized of them. Yarosh is backed by a number of the neo-fascist paramilitary organizations that make up the “self-defense of Maidan” and sport neo-Nazi symbols (a modified swastika and Celtic cross). They pay homage to the legacy of the war-time Banderite Organization of Ukrainian Nationalists – Ukrainian Insurgent Army and the Galician division of the SS, blasphemously enduing them with “sacred” meaning.

The Svoboda (“Freedom”) Party is the political front for the Ukrainian neo-Nazi movement. It has been the beneficiary of almost half the political appointments made by the “provisional government” in Kiev, and its leader, Oleg Tyahnybok, is one of the three who rose to fame as the “leaders of the Euromaidan movement.” The party won more than 2.5 million votes in the last election (looking at Western Ukraine separately, a large percentage of the registered voters there are already part of this party’s electoral base). According to the party’s program, Tyahnybok’s followers plan to introduce a mandatory “Nationality” category in Ukrainian passports, in order to facilitate the identification of Muscovites and Jews, to extend the right to own firearms to everyone (except the mentally ill), and to insert a provision in the Constitution of Ukraine proclaiming that the current government is the rightful heir to the Ukrainian state that was established by the legal act of June 30, 1941, which stated,

Battle tactics

As the German Nazis did in the 1920s and 1930s, the Ukrainian neo-Nazis seized power in the wake of mass riots accompanied by killings. The insurgents characterized even the sluggish response by the legitimate authorities as the “suppression of freedom and terrorism at the hands of Communist Jews.” Attempts of civil resistance against the coup were labeled as “intrigues contrived by the agents of Moscow.” The putschist propaganda, taking advantage of “freedom of speech,” wailed to the whole world about the “suppression of peaceful protests”. And when these howls of protest were not enough, “mysterious snipers” began to assassinate people in downtown Kiev. This is exactly how Hitler and his supporters came to power in Germany. The new regime in Kiev is now idolizing anyone who was seizing administrative buildings with ashow of weapons, beating the political opponents, torturing official, law-enforcement officers and journalists in public. The junta in Kiev and its henchmen are attempting to use force to suppress any popular protests in the southeastern regions, as they tried to do in Donetsk (Eastern Ukraine) on March 13.

The Ukrainian fascists’ massive torchlight processions were borrowed directly from the Nazi playbook and include chanted slogans such as “Ukraine above all,”“Glory to the nation – death to its enemies,” and so on. The black and red Banderite flag that was raised before the Supreme Rada of Ukraine in Kiev is a direct allusion to the black and red flag of Nazi Germany.

Dewey Cheatum Howe's picture

And if it couldn't get any more fucked up and surreal

http://www.voltairenet.org/article182892.html

The European Union and the United States, which have supported and funded for years all neo-Nazi groups and other radical extremist factions in Eastern Europe, have given the order to these new fascists never to brandish the swastika, associated with Adolf Hitler’s Nazi Germany, in their marches or other demonstrations.

Indeed, it would be a more discreet way to be seen in public, but an even better way to avoid compromising the U.S. and the European Union because of the secret alliance that binds them to these groups (intelligence operatives and subversive infiltration within the New Gladio).

Thus, the Western mainstream press can present them today as fighters for democracy in the face of the "Russian invasion". However their methods, ideology and actions are a continuation of the same Nazi practices that took place in 1933-1939.

...

Go look at all the videos and photographic evidence to go along with this.

jaxville's picture

  And that is why there are mainly Jews calling the shots there now. Just like in Nazi Germany back in the day.

Rafferty's picture

The 'Nazis' have served their purpose, shock troops to overthrow the incorrigibly corrupt yet democratically government.  They can now be dispensed with, beginning with their leader being killed this week while 'trying to resist arrest'.

RedHarley's picture

Especially if the Nazis were bought and paid for by a certain billionaire that has extensive holdings in U.S. natural gas and is pushing (along with his elected minions) to break through the red tape slowing down approving U.S. LNG sales and delivery to Europe.....

Ol' George ain't as dumb as he looks.....

EscapeKey's picture

WTF, prices increasing are a reflection of ACTUAL going market rates, and not Russian discounted gas prices, in exchance for loyalty.

I thought ZH was all for market forces, but apparently that is not the case.

 

tumblemore's picture

the Neocons are the Nazis

fxrxexexdxoxmx's picture

Putin calling a politcal foe a Nazi is hard to believe. Putin would sell hydrocarbons to any politcal group in the world. He only dislikes Nazis when they fail to pay. Any Nazi with money is a good friend to Putin.

Haus-Targaryen's picture

So wait ---

 

These people kill cops and burn buildings to the ground, to which the EU/US is okay with; then a month later same exact group of people break some windows and it's not okay anymore!?

 

What am I missing here? 

Anyone who cannot see the west being ideologically corrupt and intellectually bankrupt should be taken out back and promptly shot. 

ebworthen's picture

Yes, and I would add that the west has a terminal case of moral turpitude.

Haus-Targaryen's picture

Who the fuck down voted me? 

 

Was that you Barroso you fat tapas fressen fuck?

Volkodav's picture

Your last sentence was not edifying. You are not the decider.

btw, downvote was not mine.

Haus-Targaryen's picture

Which sentence? The one about my wanting to execute sheeple or the one complimenting some worthless EU politician. 

CrashisOptimistic's picture

ZH comment thread rule #3:

If you whine, you get downvoted even more.

IridiumRebel's picture

"Some people should die. That's just unconscious knowledge." 

-Perry Farrell

Yen Cross's picture

    It's definitely the lack of acronyms... I'll give you a greenie if it makes you feel smarter...

  Cog-D> taught me that!

Karl von Bahnhof's picture

Three guys with down syndrome

ptolemy_newit's picture

cart before the horse!

 

the murderous tag team is USUK