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Thursday, January 05, 2006

Russia and Ukraine Reach Compromise on Natural Gas - New York Times

Russia and Ukraine Reach Compromise on Natural Gas - New York Times: "KIEV, Ukraine, Jan. 4 - Ukraine and Russia settled their dispute over the price of natural gas Wednesday with a deal that allowed both countries to save face, although Ukraine walked away with cheaper prices than most of Russia's other gas customers. "

Although the Ukraine needs to eventually pay "real" market prices...this more graduated increase is more helpful in making the transition. Besides it is still a 100% increase from what they were paying one week ago. Try that Stateside and see what people would say.

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