: :inin Kyiv (EET)

When relief looks barely enough

THERE was relief in Ukraine’s corridors of power on March 11th when the International Monetary Fund (IMF) approved its long-awaited bail-out for Ukraine. The fund’s promised loan amounts to $17.5 billion over four years. Other donors have pledged several billion more. The first tranche has already brought in a badly needed $5 billion, nearly doubling the country’s reserves, which had dropped to just $5.6 billion.
Ukraine hopes to pick up another $15 billion of savings from private creditors in debt restructuring talks due to begin next week. But even that may not be anywhere near the amount that is needed by …read more

Source: The Economist

World press about Ukraine

World press about Ukraine

The category “World Press” is created to observe information about Ukraine in the world media. More information about “World Press” category you can read here

World press category: terms & conditions

Pin It on Pinterest

Share This

Share this post with your friends!