: :inin Kyiv (EET)

Ukraine PM: $10B Needed to Avoid Bankruptcy


Ukrainian Prime Minister Arseniy Yatsenyuk says his country urgently needs $10 billion to avoid bankruptcy.

After meeting with European Union ministers in Brussels Monday, reporters asked Yatsenyuk when he needs the money. He replied “yesterday.”

Ukraine’s war with pro-Russian separatists has battered an already bad economy. Ukraine’s currency, the hryvnia, is at a record low.

The EU is demanding that Ukraine implement economic reforms in exchange for financial aid.

But Yatsenyuk said it is hard to fight a nuclear state “armed to the teeth” — a reference to Russia, which has allegedly sent soldiers and weapons to Ukrainian separatists.

Russia denies involvement in eastern Ukraine, …read more

Source: Voice of America

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