MoldovAnn

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12/19/2008

Happy Holidays?

Filed under: — Ann @ 11:47 pm

Public transportation rates increased 4x
Hot water shut off in much of Kyiv for 3-4 days
Heating reduced throughout the city, some buildings without heat periodically
Price increases almost daily, market stands not bothering to write new prices anymore, instead posting “+20%” to yesterday’s prices
Bank deposit accounts frozen, people can’t withdraw their money
Pensions not paid
Government employees not sure if they’ll get paychecks this month
Layoffs, downsizing, bankruptcies
Falling hrivna, salaries’ value reduced by nearly half
Banks advertising on their homepages auctions on cars and other items repossessed

This holiday season will not be so merry for many Ukrainians.

I feel guilty for my spring and summer complaints about the poor exchange rate and the belt-tightening Igor and I had to do. It was nothing like what many people are suffering now.

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