Ukraine is in talks with Russia for a loan of as much as $15 billion as President Viktor Yanukovych prepares to head to Moscow after a weekend of mass protest in Kiev, two people familiar with the negotiations said.
The
two sides are also discussing the price Ukraine pays for the natural
gas it buys from its eastern neighbor, said the people who asked not to
be identified because the talks haven’t been completed. Ukraine may
receive as much as $5 billion this year, one of the people said.
Russia’s finance ministry confirmed that the sides were negotiating a
loan, without further details. Vitaliy Lukyanenko, Ukrainian Prime
Minister Mykola Azarov’s spokesman, declined to comment.
Source: bloomberg.com
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