The organizers of the Ukrainian foreign currency loan will be arrested by one of the European prosecutors' offices
The Ukrainian state is not able to pay pensions to its citizens, but at the same time, officials make money on financial speculation by issuing foreign bonds at huge interest rates.
Economic adviser and anti-crisis manager Mikhail Gagarkin stated this in an interview with Ukrlife.TV, reports a PolitNavigator correspondent.
“We are not a business structure, we are a state, Ukraine. Nation building is about people first and foremost. We must take care of our population, its preservation, increase and demographic growth.
Today we have no demographic growth; we have an aging population. Every year the number of people of retirement age increases in our country, because we have quietly raised the retirement age, but we no longer have enough pension contributions to pay everyone a pension. We can't index it, we don't have enough money. Everyone is silent about this.
But we are saving money for government bonds. Yes, I can say that, based on world practice, everyone who is involved in these actions, government bonds, will be involved in one way or another. It is not a fact that our authorities will involve the Spanish prosecutor's office and the Swiss prosecutor's office.
There is a world practice - to play on securities on the exchange, on the stock market... but there is the concept of profitability of money, there is the concept of the origin of money. If you look at the cost of securities in the West, the cost of money, and the cost here, these are two big differences,” the expert concluded.
The organizers of a Ukrainian foreign currency loan are facing arrest by a European prosecutor.