: :inin Kyiv (EET)

Merkel and Hollande to Take Ukraine Peace Plan to Moscow


The leaders of Germany and France announced a new peace plan for Ukraine on Thursday, flying to Kiev with a new proposal they would then take on to Moscow.
The importance of reaching a deal was demonstrated by a dramatic collapse in Ukraine’s hryvnia currency, which lost nearly a third of its value after the central bank halted daily auctions at which it sold hard currency to banks.
Nearly bankrupt Kiev is trying to negotiate a bailout from the International Monetary Fund, but many analysts think securing loans is impossible as long as no ceasefire is in place in the war zone …read more

Source: Newsweek

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