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Thursday, 20 February 2014 | MYT 1:50 AM

Delivery of $2 billion credit from Russia delayed until Friday - Ukraine government source

KIEV (Reuters) - Delivery of $2 billion (1 billion pounds) credit to Ukraine from Russia, the second tranche of a promised $15 billion aid package, has been delayed until Friday, a Ukrainian government source said on Wednesday.

A first tranche of $3 billion, aimed at helping the ex-Soviet republic pay foreign debts this year and prop up its national currency amid widespread unrest, was disbursed at the end of December.

Ukraine's interim government had been hoping a second tranche of $2 billion would be delivered soon by Russian purchase of Ukraine-issued eurobonds. But a Ukrainian government source said: "The deal has been put off until Friday for technical reasons. We expect the money to come on Friday."

(Reporting by Natalia Zinets; Writing By Richard Balmforth; Editing by Janet Lawrence)


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