Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Right now Russia said:they will cut it because of almost 2 billion unpaid bill BY UKRAINE.
If anything I learned living in western civilization it would be that I MUST PAY MY BILLS ( or else...).I can hate my Power company , even my government as much as I want but I have to pay my bills. Some people choose not to pay but then their credit record is so bad and their chance to get any kind of loan by any other bank or any decent financial institution is zero.
If Ukrainians think that they can avoid paying their debts I have a bridge in London UK to sell them.
USA could afford to be a bully and  to occupy the country when bill is due but not for long any more.And we are talking Russia here not Libya.As English would say: There is no such a thing as free lunch.Ukraine is in a deep shit so they better stop digging. EU is in similar position. Read my lips:without Russian oil and gas EVERYONE in Europe will feel additional pain and for Ukraine and some Eastern Europe countries it is one word : C O L A P S.  

Science without religion is lame, religion without science is blind...Albert Einstein
by vbo on Sun Mar 9th, 2014 at 04:07:46 AM EST
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You're talking about their gas bill only. Some estimates are that their total debt is $80 billion, probably up to $100 billion by the summer, and their reserves are shrinking fast. They can't pay it, so they won't, whatever western civilisation teaches.
by gk (gk (gk quattro due due sette @gmail.com)) on Sun Mar 9th, 2014 at 04:17:37 AM EST
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Sadly. the bills are bloating out of reality - and not just for Ukraine and college students. With Western financial imperatives staying solid, the economy of this century will be dominated by bickering about debts and bills of the last merry 20 years.
by das monde on Sun Mar 9th, 2014 at 05:12:52 AM EST
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Ukraine's relationship with Russia concerning gas has always been incestuous. The law that says "you must pay your bills" doesn't apply, or hasn't for the past 20-odd years.

Admittedly, if Ukraine really wants to be independent of Russia, that would have to change.

As for the EU, it's not in Russia's interest to inflict real pain, so it won't happen. Just as the EU will not attempt to inflict any pain on Russia over Ukraine.

by afew (afew(a in a circle)eurotrib_dot_com) on Sun Mar 9th, 2014 at 05:15:14 AM EST
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Just as the EU will not attempt to inflict any pain on Russia over Ukraine.

Just so:
France says warship deal with Russia still alive - Yahoo News

(AFP) - French President Francois Hollande said a controversial sale of two state-of-the art warships by France to Russia was still on course despite Moscow's widely opposed stand over Crimea.

The 2011 sale of the Mistral warships, worth one billion euros ($1.4 billion), was already a deep source of concern for France's NATO and European Union allies, coming only a few years after Russia's invasion of Georgia.

But despite the threat of another war involving Russia, Hollande, who was in Brussels at a European summit on the Ukrainian crisis, said France's commitment to deliver the military vessels was still alive.

"We respect our signed contracts," Hollande said. "We are not yet at that stage and we hope to avoid getting there," he said, referring to the potential of halting the deal.

London's Laundry Business - NYTimes.com

On Monday, a British civil servant was photographed arriving in Downing Street for a national security council meeting with an open document in his hand. We could read for ourselves lines from a confidential report on how Prime Minister David Cameron's government should respond to the Crimea crisis. It recommended that Britain should "not support, for now, trade sanctions," nor should it "close London's financial center to Russians."

The White House has imposed visa restrictions on some Russian officials, and President Obama has issued an executive order enabling further sanctions. But Britain has already undermined any unified action by putting profit first.

It boils down to this: Britain is ready to betray the United States to protect the City of London's hold on dirty Russian money. And forget about Ukraine

h/t Helen.
by Bernard (bernard) on Sun Mar 9th, 2014 at 05:36:08 AM EST
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Sorry for that spelling, I meant C O L L A P S E....

Science without religion is lame, religion without science is blind...Albert Einstein
by vbo on Sun Mar 9th, 2014 at 06:26:29 AM EST
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