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Yanukovych says gas price setting formula in 2009 deal threatens Ukraine economy

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June 3, 2011, 12:15 p.m. | Ukraine — by Interfax-Ukraine

Yanukovych said.increases in gas prices pose a threat to the Ukrainian economy.

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Increases in gas prices in line with a contract signed by Ukraine and Russia in 2009 pose a threat to the Ukrainian economy, President Viktor Yanukovych said. "The question of gas prices is very serious. We have found ourselves in an extremely difficult situation because the 2009 contract's formula for setting gas prices does not match either economic or any other calculations in any way. But it remains valid today," Yanukovych said at a session of the Regions Council in Livadia, Crimea.
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Anonymous June 3, 2011, 5:19 p.m.    

Then why didn't you demand a change in the formula in exchange for granting the extension to the Sevastopol fleet lease, president Yanukovych???!!!

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Anonymous June 3, 2011, 7:07 p.m.    

Exactly, the price formula now applied was approved by Yanukovych and Azarov in the distrastrous and treasonous Kharkiv deal. It's pathetic and disgraceful to see how he now tries to blame others and avoid responsibility for his own actions. He should be ashamed!

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Anonymous June 3, 2011, 9:30 p.m.    

I think shame is not in his range of emotions.

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Anonymous June 3, 2011, 5:49 p.m.    

Yanukovych and the Party of Russians threaten Ukraine's economy.

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Anonymous June 7, 2011, 6:19 p.m.    

Reality also poses a threat to the Ukrainian economy.

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