The Russian government is requesting that state-owned gas giant Gazprom provide discounted gas to the struggling government in Ukraine. The deal seems weird because Russia is also supporting an armed insurgency inside Ukraine, consisting of pro-Moscow rebels. The conflict has decimated the Ukraine economy. So why is Russia suddenly offering to help the country it has spent the last few months undermining? Last week the European Commission sent a letter to the Russian government asking it to consider granting Kiev a discount on its gas exports to the country, such as abolishing the export duty which currently costs $100 per …read more
Source: Business Insider