Ukraine sees economy growing in 2014 with Russian aid


  • World
  • Thursday, 19 Dec 2013

KIEV (Reuters) - Ukraine expects economic growth of 3 percent in 2014, a draft budget showed on Thursday, days after Russia offered a $15 billion lifeline to help revive its smaller neighbour's economy and keep the country in its orbit.

Ukraine's economy has shrunk for the last five quarters and Ukraine had been seen at risk of default before Tuesday's deal between Kiev and Moscow, under which Russia will offer cheaper gas supplies and buy up $15 billion of Ukrainian bonds.

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