Ukraine Confident of New Lifeline From Creditors: Minister - Bloomberg:
"Ukraine is confident that a drive to broaden economic and fiscal reforms will persuade creditors to back urgent fresh loans, Finance Minister Natalie Jaresko said.
Ukraine will succeed in securing new credit to pay off debt and the release of current bailout payments, Jaresko said in an interview. The country is addressing creditors’ concerns over tardy reforms by getting to grips with entrenched problems including corruption, tax evasion and lagging government asset sales, she said.
“Time is of the essence” in securing creditor backing, U.S.-born Jaresko said yesterday in Berlin, where she and Prime Minister Arseniy Yatsenyuk are holding talks with German Chancellor Angela Merkel’s top aides. “We are looking forward to creditors giving their nod of approval to reform plans.”"
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