Russia gives breakdown of $15 billion Ukraine bailout


  • World
  • Friday, 24 Jan 2014

MOSCOW (Reuters) - Russia will tap into a rainy-day fund for most of the $15 billion bailout it promised Ukraine after Kiev scrapped plans for European Union deals that would have pulled it further from Moscow's orbit, Finance Minister Anton Siluanov said.

President Vladimir Putin agreed the aid package with Ukraine in December, throwing the ex-Soviet state a lifeline in what was widely seen as a reward for a U-turn that prompted protests which persist in Kiev and have been marked by violence.

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