Ukraine's National Bank may get rid of hryvna to stuff regime coffers

10:50 • 23.03.14
Economy

It seems like the National Bank of Ukraine, guided by Arseniy Yatseniuk’s self-styled government to the radiant future, has come to a decision to do away with the country's national currency hryvna.

This is according to a private letter from an employee with Giesecke & Devrient, a Munich-based banknote printing firm, that has recently been leaked to the Web.

An interesting letter appeared in the Internet the other day, in which an employee of the German company Giesecke & Devrient warns their Ukrainian relative about the impending collapse of the Ukrainian financial system.

 

Translation

"Dear Emma,

Mother and I are very worried about you. Is your family all right? How are the kids? Why are you staying away from Skype contacts? Here the media are saying awful things about the Ukraine, we don’t understand anything and the future is vague.

We know that you have a business there but please, for our sake, try to persuade your husband to come and stay with us in Munich at least for a short time. We can send the boys to a local school, fortunately Martha is still teaching, so we won’t have to worry about you. Let us know as soon as you make up your minds. Please, don’t play a waiting game.

In any case, be sure to get rid of hryvnas in cash and convert your bank accounts to euros because it looks like Yatseniuk will soon make the hryvna a useless slip of paper. We had an urgent commission at Giesecke & Devrient from the National Bank of Ukraine to develop a design for a new currency unit. It will have the same name, hryvna, but an absolutely different standard. Actually, it will imitate the euro. We are working at full speed because they want sketches of the notes in a week. I’m afraid that you’ll soon be able to send your current money to a museum.

Your Albert"
 

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