Russian President Vladimir Putin speaks during his annual press conference in Moscow on December 17, 2015. (AFP Photo/Natalia Kolesnikova)

Russia Issues Crimea Bank Note in Move Likely to Irk Ukraine

BY :ANDREW OSBORN

DECEMBER 23, 2015

Moscow. Russia on Wednesday issued a new banknote dedicated to Crimea, the Ukrainian peninsula it annexed last year, in a move likely to anger Kiev which says it want s the territory back.

Russia seized Crimea from Ukraine in March last year in a military operation denounced by the West which imposed retaliatory sanctions on Moscow that remain in place.

The new bank note, worth 100 rubles ($1.41), depicts a memorial to sunken ships in the port of Sevastopol, where Russia keeps its Black Sea Fleet, and the Swallow's Nest, a cliff top castle near Yalta.

The yellow-colored note also features a watermark of Empress Catherine the Great, who extended the borders of the Russian Empire in the eighteenth century to absorb Crimea.

Russia's central bank said in a statement it would issue 20 million of the new notes. It has previously minted a 10 ruble coin to celebrate Russia's control of Crimea.

Reuters

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