Ukraine Gets an IMF Bailout

The IMF has agreed to lend Ukraine $16.5 billion, helping the country to avert a run on its banks and its currency, the hryvnia
SERGEI SUPINSKY/AFP/Getty Images

The victims of the global financial crisis just seem to be getting bigger and bigger. First it was financial institutions, then came entire countries. After Iceland, the latest domino to wobble is Ukraine, which on Oct. 26 reached an agreement with the International Monetary Fund for a $16.5 billion bailout.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.