Monday 24 February 2014

fastFT: ECONOMYUkrainian bail-out games begin with $35bn gambit #EuroMaidan

fastFT: ECONOMY Ukrainian bail-out games begin with $35bn gambit:



"The Ukrainian finance ministry has announced that it is seeking financial aid of about $35bn over the next two years and is in talks with the US and Poland for quick bilateral loans that could come within the next two weeks.




In a statement on its website, the finance ministry also said it is hoping to hold a "big international donor conference" with EU countries, the US, the International Monetary Fund "and other financial institutions".



It also said that Ukraine now wants to implement the EU integration treaty rebuffed by ousted president Victor Yanukovich. The failure to sign the pact at a summit in Vilnius touched of the months of protests that eventually led to Mr Yanukovich's ouster."



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