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    RT: Ukraine ‘hasn’t got the legs to stand on’ to force lower gas price

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Summary

Ukraine has hardly any currency reserves left and the government is playing hardball towards Russia counting pennies in a gas deal they apparently can’t afford

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RT: Ukraine ‘hasn’t got the legs to stand on’ to force lower gas price

Ukraine has hardly any currency reserves left and the government is playing hardball towards Russia counting every penny in a deal they apparently can’t afford, Ben Aris, chief editor of Business New Europe, told RT.

“Paying for imported gas is a major outgoing. They are counting every penny they have in order to get through this period,” he said. “There are no imports of Russian gas at the moment so they’re playing hardball and they’re holding out for as lower prices they possibly can get.”

The Ukrainian government has taken up a peculiar attitude in forcing a lower gas price, as it tries to squeeze out the maximum with least damage to its collapsed economy, he said.

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