Support The Moscow Times!

Crimean Prime Minister Ready to Coerce Greedy Retailers

Faced with spiraling price inflation, Crimean Prime Minster Sergei Aksyonov threatened price-hiking retailers on the peninsula with "coercive measures" and canceled licenses.

Addressing "all these who do not understand the easy way," at a meeting of the Crimean Council of Ministers on Monday, Aksyonov was quoted by Interfax as saying "there will be coercive measures, right up to license removals. We do not plan to negotiate with any speculators or retailers who extort money from people."

Since Russia annexed Crimea from Ukraine in March, the price of many goods has doubled, the head of Crimea's Trade Union Federation, Vladimir Klychnikov, told Interfax.

Aksyonov said retailers of food and medicines would be first in line for authorities' attention.

Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.