BRUSSELS — While Ukraine’s leaders are trying to win the war against Russian-backed separatists in the east, they appear to be losing the battle to resurrect the country’s battered economy.Ukraine might need billions in additional support if the fighting between the military and the separatists in the country’s east persists through next year, the International Monetary Fund warned Tuesday. Only covering the shortfall in the central bank’s reserves would require an additional $19 billion by the end of 2015, the fund said. …read more
Source: Boston Herald