Ukraine has seen over 80 people killed and many hundreds injured in recent months, following the protests in the Capital square Maidan Nezalezhnosti. The protests began in November after President Viktor Yanukovych froze ties with the EU in exchange for a $15 billion bailout from Russia. Since November, Maidan has borne witness to numerous clashes between pro-government riot police and protesters. Improvised field surgeries treat the wounded, whilst food, blankets and clothing are distributed to the masses.
President Viktor Yanukovych has since been removed from office, and has fled to Russia, where he has released a statement, claiming that he is still the Ukrainian president.
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I officially declare my determination to fight until the end for the implementation of the important compromise agreements concerning the Ukrainian recovery from the profound political crisis”- Viktor Yanukovych
After the former government left the Ukraine with over $75billion worth of debt, and the value of the Hryvnia dropping by 20% in the last few days, the air of tension in Maidan is palpable. As investigative journalists sift through mountains of documents, found sunken in the river near Yanukovych’s residential compound outside Kiev, the extent of the corruption and financial mismanagement is becoming clearer.
Read more to find out about the role Cryptocurrencies have in the Ukrainian economic crisis:
http://www.coinchilli.com/financial-crisis-in-ukraine/J.C Axe