UKRAINE'S GAS PRICES UP 23.5%
CNBC - Ukraine announced on Friday it would raise household gas prices by nearly a quarter as Prime Minister Volodymyr Groysman warned that the country risked default if it crashed out of its International Monetary Fund aid program.
Raising gas prices was an IMF requirement and takes the government a step closer to securing another aid tranche before the deal expires next year, when the country heads into back-to-back elections and must service a rising debt burden.
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