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

    Survivor stories from Super Typhoon Haiyan

    Survivor stories from Super Typhoon Haiyan

    The Philippines’ Typhoon Haiyan was the strongest storm ever to make landfall. Five years on, we revisit this story.

    How Moscow lost Riyadh in 1938

    How Moscow lost Riyadh in 1938

    Russian-Saudi relations could be very different today, if Stalin hadn't killed the Soviet ambassador to Saudi Arabia.

    Thou Shalt Not Kill: Israel's Hilltop Youth

    Thou Shalt Not Kill: Israel's Hilltop Youth

    Meet the hardline group willing to do anything, including going against their government, to claim land for Israel.