` Crimea (autonomy seeking independence from Ukraine) hope that ` Ukrainian Banks will not block Crimean Residents’ Accounts.

#AceWorldNews – SIMFEROPOL, The authorities of Crimea (autonomy seeking independence from Ukraine) hope that Ukrainian banks will not block Crimean residents’ accounts.

Otherwise, the autonomy’s government will have to sell Ukrainian state property to make up for these losses, Crimean Prime Minister Sergei Aksyonov said on Saturday, March 15.

He stressed that the Crimean authorities “do not touch by any means” Ukrainian banks’ branches on the peninsula. However, “our main task is to return deposits to people… and if Ukrainian banks do so, that will be one kind of situation.

If they don’t, then we will sell Ukraine’s property to compensate people [for their losses],” he said.

The prime minister reiterated that private property and banks would not be nationalised in Crimea.

“We will only make the decision on health resorts, real estate and other property owned by the Ukrainian state.
This issue will be addressed by a working group after the referendum [on Crimea’s status to be held on March 16,” Aksyonov said.

Much will depend on “how the state of Ukraine acts,” he said. If the Ukrainian authorities cut off electricity or take other steps against Crimea, its authorities will regard this as an act of sabotage, Aksyonov said.

“Future decisions on Ukraine’s real estate [on the peninsula] will depend on that,” he said. The authorities of Crimea (autonomy seeking independence from Ukraine) hope that Ukrainian banks will not block Crimean residents’ accounts.
Otherwise, the autonomy’s government will have to sell Ukrainian state property to make up for these losses, Crimean Prime Minister Sergei Aksyonov said on Saturday, March 15.

He stressed that the Crimean authorities “do not touch by any means” Ukrainian banks’ branches on the peninsula. However, “our main task is to return deposits to people… and if Ukrainian banks do so, that will be one kind of situation. If they don’t, then we will sell Ukraine’s property to compensate people [for their losses],” he said.

The prime minister reiterated that private property and banks would not be nationalised in Crimea. “We will only make the decision on health resorts, real estate and other property owned by the Ukrainian state. This issue will be addressed by a working group after the referendum [on Crimea’s status to be held on March 16,” Aksyonov said.

Much will depend on “how the state of Ukraine acts,” he said. If the Ukrainian authorities cut off electricity or take other steps against Crimea, its authorities will regard this as an act of sabotage, Aksyonov said. “Future decisions on Ukraine’s real estate [on the peninsula] will depend on that,” he said.

Itar-Tass – Reuters – News Sources

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` Autonomous Ukrainian Republic of Crimea joins `Russia’ may use `Ruble and Hryvnia’ as Dual Currency’

#AceFinanceNews in case the Autonomous Ukrainian Republic of Crimea joins Russia and switches over to the Russian Ruble, both the Ruble and the Ukrainian currency Hryvnia would be used for some time, the Crimean parliament speaker said Monday.

“I think circulation of two currencies is a necessary intermediate stage, because people have many Hryvnias.

The Hryvnia will circulate for some time for people not to have problems. It will be three months if necessary or half a year,” Crimea Supreme Council chairman Vladimir Konstantinov told an Itar-Tass correspondent.

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