Thursday, December 25, 2014

Ukraine’s economy needs Western help

Preventing economic collapse will require $15 billion in fresh assistance to Ukraine in 2015, on top of the $17 billion International Monetary Fund bailout arranged this year, according to the European Union. An IMF mission left Kiev on Friday without committing to the next payment in the previous bailout program, scheduled for January — much less the $7 billion to $8 billion in additional IMF capital Ukraine needs. Western governments have said additional support must be linked to a credible economic reform program. Read more >>>
The Washington Post
The Economic Times