Showing posts with label Ukraine-Russia. Show all posts
Showing posts with label Ukraine-Russia. Show all posts

Monday, December 16, 2013

Ukraine-Russia loan talks said to be on up to $15 billion - sources



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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