Wednesday, March 5, 2014

Avoid Ukraine Debt Default; The Consequences Would Be Devastating.

Russia does not recognize the legitimacy of current interim government in Ukraine. In this respect, honestly, we cannot blame Russia. Simply, because the majority of eligible people in Ukraine has not voted for this interim government. In addition, we should not forget that Ukraine is on the verge of debt default. Should this happen, the results would be devastating not only for the Ukrainian people but also for Russia, EU and consequently for some other parts of the world to some degrees. Thus, it would be wise that the USA and EU forget the power politics policy at the present and try to find a reasonable and achieveable deal with Russia in this matter.


M. Sirani                              05.03.2014

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