X Close

World

Published: Wednesday March 5, 2014 MYT 4:45:02 PM
Updated: Wednesday March 5, 2014 MYT 4:46:03 PM

Russian 'aggression' hits Ukraine's economy, prime minister says

KIEV (Reuters) - Russia's deployment of forces in the Crimea region is having an "extremely negative" impact on the country's economy, Prime Minister Arseny Yatseniuk said on Wednesday.

He also said at the start of a government meeting that the situation in Ukraine remained difficult, with Russian forces in control of the Black Sea peninsula.

"The Russian aggression on Ukraine's territory is having political and economic consequences," Yatseniuk said in remarks shown on television. "The presence of the Russian military on Ukraine's territory is having an extremely negative effect on Ukraine' economy."

He gave no details but the new government is holding talks with the International Monetary Fund on financial assistance to avert bankruptcy.

(Reporting by Natalia Zinets, Editing by Timothy Heritage)

advertisement

  1. Massive toll rate hike for Causeway users from Aug 1, including Singapore-bound vehicles
  2. Betong blast: Two Malaysians among 36 injured
  3. Betong blast: Avoid travelling to southern Thailand, says IGP
  4. Betong blast: 100kg homemade car bomb behind deadly explosion
  5. Betong blast: Car bomb kills three, Malaysian among 36 injured in southern Thailand
  6. IGP Khalid warns netizens not to spread false news of Selangor prince
  7. Selangor MB crisis: Hadi wants Khalid to continue as Mentri Besar
  8. 2014: A tragic year for aviation
  9. International community in awe of PM’s handling of MH17 tragedy
  10. Experts: Get set for an acute water shortage

advertisement

advertisement