Ukraine : EU Style Austerity and The Plunder of Natural Resources. For Those Defending The Intentions of The West Have Now Been Educated.

Monday, March 10, 2014

Ukraine : EU Style Austerity and The Plunder of Natural Resources. For Those Defending The Intentions of The West Have Now Been Educated.

Published on Mar 7, 2014

Let the world learn from this. The ukraine people got a reward for joining the EU,...That reward was a %50 cut in their pension and forced into an IMF Plan!

http://www.kommersant.ua/doc/2424454
http://www.paulcraigroberts.org/2014/...
http://www.reuters.com/article/2013/1...
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Paul Craig Roberts

Institute for Political Economy

The Looting Of Ukraine Has Begun

March 6, 2014

The Looting Of Ukraine Has Begun
Paul Craig Roberts

This supporter of the Ukraine joining the EU has received her reward: a 50% cut in her pension.

According to a report in Kommersant-Ukraine, the finance ministry of Washington’s stooges in Kiev who are pretending to be a government has prepared an economic austerity plan that will cut Ukrainian pensions from $160 to $80 so that Western bankers who lent money to Ukraine can be repaid at the expense of Ukraine’s poor. http://www.kommersant.ua/doc/2424454 It is Greece all over again.
Before anything approaching stability and legitimacy has been obtained for the puppet government put in power by the Washington orchestrated coup against the legitimate, elected Ukraine government, the Western looters are already at work. Naive protesters who believed the propaganda that EU membership offered a better life are due to lose half of their pension by April. But this is only the beginning.
The corrupt Western media describes loans as “aid.” However, the 11 billion euros that the EU is offering Kiev is not aid. It is a loan. Moreover, it comes with many strings, including Kiev’s acceptance of an IMF austerity plan.
Remember now, gullible Ukrainians participated in the protests that were used to overthrow their elected government, because they believed the lies told to them by Washington-financed NGOs that once they joined the EU they would have streets paved with gold. Instead they are getting cuts in their pensions and an IMF austerity plan.
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Ukraine signs $10 billion shale gas deal with Chevron

By Pavel Polityuk and Richard Balmforth

KIEV Tue Nov 5, 2013 9:11am EST

(L-R, front) Chevron Exploration and Production Europe Derek Magness, Ukraine's Energy Minister Eduard Stavytsky, Chairman of the National Joint Stock Company ''Nadra Ukrayny'' Viktor Ponomarenko, (L-R, back) U.S. Ambassador Jeffrey Payette, Ukraine's President Viktor Yanukovich and President of Chevron Europe, Eurasia and Middle East Exploration and Production James Johnson attend a signing ceremony in Kiev, November 5, 2013.

Credit: Reuters/Mykhailo Markiv/Ukrainian Presidential Press Service/Handout via Reuters

(Reuters) - Ukraine signed a $10 billion shale gas production-sharing agreement with U.S. Chevron (CVX.N) on Tuesday, another step in a drive for more energy independence from Russia.
The deal to develop its western Olesska field followed a similar shale gas agreement with Royal Dutch Shell (RDSa.L) in January and boosts Ukraine's leadership at a time of fraught relations with Moscow over gas supplies.
"The agreements with Shell and Chevron ... will enable us to have full sufficiency in gas by 2020 and, under an optimistic scenario, even enable us to export energy," President Viktor Yanukovich told investors shortly before the signing.
The highest end of expectations for Olesska's potential reserves would match around three years of European Union gas demand, but similarly sunny hopes for shale reserves in neighboring Poland have been very sharply downsized.
Shale development in Europe is far behind the booming U.S. sector and progress is patchy. Chevron pulled out of a shale exploration tender in Lithuania and has suspended work at a Romanian shale well after local protests.
Ukraine Energy Minister Eduart Stavytsky, who signed the deal with Chevron executive Derek Magness, set it in the context of a high price Ukraine pays Russia for its gas.

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US, EU begin looting Ukraine resources: Analyst

French President Francois Hollande (L) welcomes the head of the Ukrainian opposition UDAR party Vitali Klitschko (R), and the Ukrainian MP Petro Poroshenko at the Elysee Palace in Paris on March 7, 2014.

Sat Mar 8, 2014 12:18AM

The United States and the European Union have begun “looting” Ukraine’s resources to obtain stability and legitimacy for their new “puppet government” in Kiev, an analyst writes in a column for the Press TV website.

“Before anything approaching stability and legitimacy has been obtained for the puppet government put in power by the Washington orchestrated coup against the legitimate, elected Ukraine government, the Western looters are already at work,” Dr. Paul Craig Roberts wrote on Friday.
Roberts pointed to the EU plan to grant Ukraine an 11-billion-euro ($15 billion) aid package over the coming years. The plan was announced by European Commission President Jose Manuel Barroso on Wednesday.

“The corrupt Western media describes loans as “aid.” However, the 11 billion euros that the EU is offering Kiev is not aid. It is a loan. Moreover, it comes with many strings, including Kiev’s acceptance of an IMF (International Monetary Fund) austerity plan,” he added.

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