Minsk and Normandy formats, Savchenko’s law: what Ukraine was like in 2015

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In 2015, work began in the Minsk and Normandy formats for resolving the conflict in Donbas. Then the former militia was reformed into the police. It is also remembered sharp jump in the dollar exchange rate and the rise in prices for holidays in Ukrainian resorts, as Crimea was already occupied by Russia.

We tell about it in the new issue of the documentary series “30 years of Independence” on the UA TV channel.

So, at the beginning of 2015, Ukrainians are constantly hesitating – how to save money? Due to the events in the country, the hryvnia (UAH) is rapidly depreciating.

“Before the crisis of 14-15, apart from the war, Ukraine had the largest balance of payments deficits, which amounted to almost USD 10 billion in trade, ie every year we bought imports 10 billion more than we exported, which means that we need to get 10 billion, and we do not know how to print dollars” – says economist Andriy Blinov.

In March, utility tariffs rose sharply to economically reasonable – the price of gas on average increased almost 3 times. Heating a house can now cost up to UAH 2.000. With an average salary of UAH 4.000. Electricity is 19-50 percent higher.

This is an IMF condition for a new tranche. And Ukraine really needs loans to stabilize the hryvnia (UAH).

While Ukrainians pay more for gas, Ukraine – for the first time in ten years – will start paying less. The country stops buying gas directly from Russia.

Many convicts from 2015 to 2017 will be helped to get out early by the Savchenko law. According to this law, a day in a pre-trial detention center is for two. But nearly eight hundred law-abiding prisoners will commit repeat crimes. High-profile criminals will also be released. But in 2017, the law will be completely canceled.