Ukraine bank closures in Crimea hit residents

Moscow offers up to $20,000 for account holders who had savings frozen after region's annexation by Russia.

    Thousands of people in Crimea have no access to their savings after Ukraine froze bank accounts following the region's vote to join Russia.

    Moscow has pledged to compensate Crimeans who have lost their money with payments of up to $20,000.

    That promise has led to long queues at registration stations housed in former Ukrainian banks.

    Al Jazeera's Nadim Baba reports from Simferopol.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    Why some African Americans are moving to Africa

    Escaping systemic racism: Why I quit New York for Accra

    African-Americans are returning to the lands of their ancestors as life becomes precarious and dangerous in the USA.

    What happens when the US government shuts down?

    The US government has shut down. What happens next?

    US federal government begins partial shutdown after Senate blocks short-term spending bill. What happens next?

    Why is the West praising Malala, but ignoring Ahed?

    Why is the West praising Malala, but ignoring Ahed?

    Is an empowered Palestinian girl not worthy of Western feminist admiration?