BRUSSELS – Ukrainian Prime Minister Arseny Yatseniuk appealed to the European Union for urgent financial aid on Monday, saying the government was doing all it could to fix a shattered economy but needed help.A year of revolution and war with pro-Russian separatists has pushed Ukraine’s hryvnia currency to record lows and crippled the economy, which was already near bankruptcy after years of corruption and economic mismanagement.Asked when Ukraine needed new financial assistance, Yatseniuk told reporters in Brussels: “Let me put it in a nutshell – yesterday.” The EU, which last year offered a $15 billion package of loans and grants …read more
Source: AsiaOne
