‘Ukraine is bankrupt’ – Gazprom CEO

Despite all claims to the contrary made by American politicians, European media and Ukrainian officials, the problem is not the price of gas itself, it is the systemic crisis of Ukrainian economy. Gazprom CEO is sure that no matter the price, Kiev won’t pay, because it simply can’t do it: “Ukraine doesn’t pay at any price. With or without reductions. It must be understood that the situation is getting worse every month. The reason is the low solvency of Ukrainian consumers and what’s more concerning, the degrading payment discipline of consumers.” Continue reading