: :inin Kyiv (EET)

Will the West Bail out Ukraine?


The war in Ukraine’s eastern provinces of Donetsk and Luhansk did not stop when 2014 came to a close. Therefore, the $27 billion two-year assistance package, promised to Ukraine by the West last May, has turned out to be insufficient to keep the country afloat. In mid-February 2015, the leading industrial nations and international financial institutions came up with a new package to the tune of $40 billion. However, Ukraine may need even more than that: The Kremlin continues its hybrid war unabated, and the hostilities, in turn, are destroying the Ukrainian banking sector and the national currency, along with …read more

Source: The Jamestown Foundation

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