: :inin Kyiv (EET)

Ukraine’s Russia debt threatens IMF rescue


Washington (AFP) – A default by Ukraine on $3 billion in debt owed to Russia this year could threaten the International Monetary Fund’s lifeline to the embattled country, an IMF spokesman said Thursday.The Ukrainian government has begun negotiations with creditors for $15 billion in debt relief, part of a $40 billion, four-year financial rescue envisioned by the IMF.The Fund has approved a $17.5 billion loan to Ukraine as part of the package in exchange for the government’s successful implementation of economic, budget and monetary reforms. It has disbursed an initial $5 billion payment.But, the IMF has warned, the breakdown of …read more

Source: Business Insider

World press about Ukraine

This website is created to observe information about Ukraine in the world media. More information about press.uaposition.com you can read here

World press category: terms & conditions