Ukraine and the IMF have agreed to an aid package that will no doubt prove to be as beneficial to Ukraine as the Troika bailout (plunder) of Greece.Bloomberg reports Ukraine Unlocks $27 Billion International Aid Deal. Ukraine reached a preliminary deal with the International Monetary Fund to unlock $27 billion in international aid as U.S. lawmakers passed bills imposing more sanctions on Russians linked to Crimea’s annexation.
DONETSK, Ukraine — A fistfight broke out in Ukraine’s parliament Tuesday as tempers rose between opposing factions and nationalist lawmakers scuffled with communists, after the Communist Party leader accused the government of cracking down on dissent.
Petro Symonenko was speaking when he was, The Guardian reported, seized from the podium by members of the nationalist, far-right Svoboda party.
Ukraine reached a preliminary deal with the International Monetary Fund to unlock US$27 billion of international support to avert default and limit economic damage from a four-month political crisis.
The government in Kiev reached a staff-level agreement with the Washington-based lender for a two-year loan of US$14 billion to US$18 billion, the IMF said in an e-mailed statement Thursday. The IMF’s board must still sign off on the package, Ukraine’s third since 2008, and the government needs to complete “prior actions” to receive the first installment.
MOSCOW — Russia has slapped an entry ban on 13 Canadian lawmakers and officials in retaliation to Canadian sanctions regarding Ukraine.
Russia’s Foreign Ministry said in Monday’s statement that the move is a response to the “unacceptable action by the Canadian side that has inflicted serious damage to bilateral relations.”
It said that Russia remains open to a “constructive” co-operation with Canada.