facebook
twitter
rss
account
search
search
 

Putin seeks talks to stabilize Ukrainian economy

Russian President Vladimir Putin, in a letter to 18 European heads of state, called for high-level talks to help stabilize Ukraine’s economy.
By Ed Adamczyk   |   April 10, 2014 at 2:02 PM   |   Comments

| License Photo
MOSCOW, April 10 (UPI) -- Russian President Vladimir Putin, in a letter to 18 European heads of state, called for high-level talks to help stabilize Ukraine’s economy.

He asked for a conference to “work out concerted actions to stabilize Ukraine’s economy and ensure the delivery and transit of Russian natural gas in accordance with” contracts already in force.

Ukraine’s state gas company Naftogaz owes money to Russia’s Gazprom for gas deliveries. The bill stood at $1. 45 billion at the end of 2013, and has increased by $526 million in 2014, Putin said.

As Kiev failed to make payments, the price of imported natural gas rose by 44 percent.

Gazprom, under such circumstances, is compelled to either demand repayment or shut off delivery.

Putin’s letter was sent to heads of state in France, Germany, Italy, Austria, Poland, Romania, Hungary, Slovakia, Slovenia, Macedonia, Czech Republic, Croatia, Bosnia and Herzegovina, Greece, Serbia, Bulgaria, Moldova and Turkey

[RIA Novosti]

Follow @adamczyk_ed and @UPI on Twitter.
Contact the Author
© 2014 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Bill O'Reilly lashes out at Colbert for mocking his IS strategy Bill O'Reilly lashes out at Colbert for mocking his IS strategy
2
Six Flags fight leaves boy critically injured, may have been organized on Twitter Six Flags fight leaves boy critically injured, may have been organized on Twitter
3
Mayor of LA suburb shot, killed inside home Mayor of LA suburb shot, killed inside home
4
Wisc. reporter told 'not to speak to crowd' at Michelle Obama event Wisc. reporter told 'not to speak to crowd' at Michelle Obama event
5
Kiev slams Russia for bringing criminal complaints against Ukraine's armed forces Kiev slams Russia for bringing criminal complaints against Ukraine's armed forces
Trending News
x
Feedback