Crimea Parliament declares independence after vote Monday March 17,2014

Crimea’s parliament on Monday  March 17,2014 declared the region an independent state, after its residents voted overwhelmingly to break off from Ukraine and seek to join Russia.

In the same resolution, it said that all Ukrainian state property on the territory of the Black Sea peninsula will be nationalised and become the property of the Crimean Republic.

Crimea's separatist parliament on Monday introduced the Russian ruble as a second official currency alongside the Ukrainian hryvnia, after declaring independence following a referendum to break with Ukraine and join Russia.

The parliament said in a statement that the hryvnia could continue to be used in Crimea until January 1, 2016. 

Note
Crimea Referendum on Sunday March 16,2014 is not recognised by Ukraine,EU and West

Crisis timeline

• 21 Nov 2013: President Viktor Yanukovych abandons an EU deal
• Dec: Pro-EU protesters occupy Kiev city hall and Independence Square
• 20-21 Feb 2014: At least 88 people killed in Kiev clashes
• 22 Feb: Mr Yanukovych flees; parliament removes him and calls election
• 27-28 Feb: Pro-Russian gunmen seize key buildings in Crimea
• 6 Mar: Crimea's parliament votes to join Russia
• 16 Mar: Crimea voters choose to secede in disputed referendum
• 17 Mar: Crimean parliament declares independence and formally applies to join Russia