Ukraine needs $15 bln more to overcome crisis – EU

Ukraine needs an additional $15 billion to cope with all the economic challenges facing the country.
This was stated by European Commission President Jean-Claude Juncker, Bloomberg reported.
“Ukraine will need more help. The assessment of Ukraine’s financing gap has been completed by the IMF. Ukraine will need $15 billion in addition to what is already planned,” he said.
According to him, the money should help Ukraine overcome all economic “enormous” challenges that include overcoming a recession, bringing peace to its eastern regions and ensuring adequate energy supplies.
As reported, in early December, Ukraine received a EUR 500 million loan from the EU with a maturity period of 15 years at 1.375%.

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