Economics

Putin Threatens Ukraine’s Imports to Turn Economic Screw

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President Vladimir Putin told his government to develop plans to replace imports from Ukraine and said Russia can’t subsidize its neighbor permanently, increasing economic pressure as the government in Kiev battles separatists.

Russia “continues to provide economic support and subsidize Ukraine’s economy with hundreds of millions and billions of dollars,” Putin told a cabinet meeting outside Moscow yesterday. “This situation, of course, can’t go on forever.”