Close Topic Options

Ukraine Economy & Ukraine Business

Ukraine's parliament passes IMF legislation
(AP)

European Business News

AP - Ukraine's parliament on Friday approved legislation needed for a crucial $16.5 billion International Monetary Fund rescue loan to help the country weather the global financial crisis, which has sent its currency plummeting.

Source: Yahoo! News: Business - European Economy

Business Ukraine and Economy Ukraine

Volatile Ukraine teeters on brink of bankruptcy:

Not only does Ukraine face a volatile political crisis, it is also in the midst of a dire economic emergency. As Kyiv's foreign exchange reserves dwindle, the country's public debt continues to rise. Ref. Source 6

Ukraine Economy & Ukraine Business History & Civil Business Politics

Ukraine needs $35bn in aid to 'stay afloat' - Finance Minister:

Ukraine is on the brink of bankruptcy. Kiev's finance minister said it needs $35 billion in aid by the end of 2015. Ref. Source 4

Business Ukraine and Economy Ukraine

Yatseniuk intends to heal Ukraine's economy with Euro-integration, austerity and monetary stimulus

The government's rescue plan made official on Feb. 27 clearly pushes for a pro-European policy. The Cabinet of Minister's program mentions European integration immediately after the first point of strengthening the nation's territorial integrity. Ref. Source 9

Business Ukraine and Economy Ukraine

EU to provide Ukraine $15 billion aid package

European Commission President Jose Manuel Barroso revealed the package of measures for Ukraine that includes increased support in trade and energy as well as what he called "Technical assistance." Ref. USAToday

Ukraine Economy & Ukraine Business

Ukraine regime unveils tough austerity plan:

The Ukrainian regime has unveiled a list of tough austerity measures aimed at "Stabilizing the economic situation in the country and promoting more efficient state budget spending." A new decree to this effect has been published on the Cabinet's website. Ref. Source 9

Ukraine Economy & Ukraine Business

Ukraine in talks with IMF for $15-20B loan package:

Ukraine, its economy seriously weakened by months of political turmoil and mismanagement, is negotiating with the International Monetary Fund for a loan package of $15-20 billion, its finance minister said on Tuesday. Ref. Source 3

Ukraine Economy & Ukraine Business Politics Business Civil & History

IMF to provide up to $18 billion in loans to Ukraine

The International Monetary Fund reached the terms for a bailout with officials in Ukraine on Thursday. "Following the intense economic and political turbulence of recent months, Ukraine has achieved some stability, but faces difficult challenges," The IMF said in a statement. The agreement is subject to IMF board approval, expected in April. Ref. USAToday