How (Not) to Save Ukraine

... against the backdrop of Gazprom’s declared intention to put an end to this practice by 2019. The seriousness of this goal is supported by the fact that even during the crisis years of 2014-2015, after the share of Ukraine in the Russian natural gas transit had dropped within two decades from 90 to 39 percent , Kiev received about 2 billion dollars annually for the transit. Given this, writes A. Aslund, Naftogaz decided to increase the transit tariff to the “normal market level” ($4....