Ukraine's economy wilts under crisis but rescue hopes rise


  • World
  • Thursday, 06 Mar 2014

KIEV (Reuters) - Ukraine's government said on Wednesday "Russian aggression" in Crimea was hitting the country's economy hard but signalled growing confidence that it will secure international loans and avoid bankruptcy.

Prime Minister Arseny Yatseniuk painted a picture of economic catastrophe in Ukraine at a government meeting, and set out plans to give more financial independence to the regions and provide the Crimean peninsula with subsidies.

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