http://www.prnewswire.com/news-releases/...1611.html?
EDITORS COMMENT:
Quote:NEW YORK, December 20, 2013 /PRNewswire/ --
A leading American think-tank has concluded President Yanukovych's $15 billion deal with Russia will boost the Ukrainian economy while the Association Agreement with the EU would have left it "mired in a new recession".
The Atlantic Council's verdict on the Ukraine's two short-term options - Europe or Russia - is definitive. Senior Fellow Adrian Karatnycky says the E.U. deal would have left Kiev paying $3-4 billion a year more for Russian gas with trade shrinking up to 1.7% per year as Russia, its biggest trading partner, imposed "legitimate" trade restrictions.
On top of this concludes Karatnycky, Ukraine would have been flooded with European goods while GDP falls more than three percent.
Instead he says, Yanukovych has managed to secure real assistance from Moscow without having to commit Ukraine's future to Russia.
"There are no secret, ironclad commitments such as entry by Ukraine into Russia's Customs Union," writes Karatnycky on the Atlantic Council website.
EDITORS COMMENT:
Quote:Because when you enslave your people to a private central bank issuing the public currency as a loan at interest, recession and hardship is the inevitable (and intended) result!