: :inin Kyiv (EET)

Will New U.S. Aid and an IMF Bailout Be Enough to Save Ukraine?


Ukraine got a desperate $17.5 billion shot in the arm Wednesday from the International Monetary Fund. But the biggest threat to the country’s economy — fighting with Russian-backed separatists in eastern Ukraine — still looms large, and a new U.S. aid package falls short of what Ukrainian President Petro Poroshenko says he needs to defeat them.
The White House announced Vice President Joe Biden told Poroshenko the United States would send an additional $75 million for equipment to help the country as it struggles with a pro-Russian insurgency backed by Russian President Vladimir Putin. The money will pay for drones, counter-mortar …read more

Source: Foreign Policy

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