Crimea becomes a Republic
The Declaration of Independence adopted by deputies of Crimean Supreme Council gives the peninsula the status of Republic. “Adopting this declaration- we announce themselves a Republic and join Russia in this status,”- according to “Interfax” it was announced by Crimean Supreme Council representative Vladimir Konstntinov in the conversation with the journalists. He explained that with the adoption of declaration of independence the name of Autonomous Republic of Crimea is also changed, “So the word autonomous is removed and only Republic of Crimea is left.” According to his words, the declaration of independence is “obligatory process, which will support joining Russia in the legitimate way.” He also announced that March 16 referendum on Crimean status will cost 16 million grivni (1.7 million dollars). “During today’s session we confirmed all the necessary documents, which are needed for the referendum,”- he said. http://www.interfax.ru/world/363859 The first deputy Prime Minister of Crimean Republic Rustam Temirghaliev announced that Crimean authorities expect 1 billion dollars support from Russia in coming months. “With Russian support we will pay all the wages, pensions and all the social payments,”- he said. During next three to five years, according to the first deputy Prime Minister, Crimean authorities expect 5 billion dollars investments from Russian business. He noted that investments can be in different fields of peninsula’s economy in order to ensure its diversification and rapid economic growth.