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Tag Archives: KIEV

Ukraine expects $17 billion IMF bailout package in early 2015

KIEV: Ukraine expects the International Monetary Fund (IMF) to pay out new and past due loans after a visit next month and still hopes a $17 billion (11 billion pounds) bailout programme can be expanded. Valeria Gontareva declined to give a value for the payment, but it is likely to total more than $4 billion. With its economy pushed close to bankruptcy by a separatist ... Read More »

Russia agrees to supply coal, electricity to Ukraine

KIEV: Russia has agreed on a deal to supply coal and electricity to Ukraine, which is struggling with a lack of raw fuel for power plants due to separatist conflict in the industrial east. Deputy Prime Minister Dmitry Peskov said Russia will supply coal and electricity to Kiev without advance payment as a goodwill gesture from President Vladimir Putin. Peskov said Putin made ... Read More »