Ukraine Seeks to Wrap Up IMF Talks as Crisis Hits Economy
This article is for subscribers only.
Ukraine is completing bailout talks with the International Monetary Fund to avert a default and curb damage to the economy from a four-month political crisis.
Loan negotiations began three weeks ago. To speed up the process, Ukrainian Premier Arseniy Yatsenyuk canceled a trip to The Hague, where world leaders are discussing the standoff with Russia over his country. The IMF will announce the results of its mission tomorrow, with Ukraine seeking as much as $20 billion, Finance Minister Oleksandr Shlapak said today in Kiev.