| Author (Person) | Olearchyk, Roman |
|---|---|
| Series Title | Financial Times |
| Series Details | 12.6.10 |
| Publication Date | 12/06/2010 |
| Content Type | News |
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Article reports that a Russian state-controlled bank appeared in June 2010 to have granted Ukraine a $2bn bridging loan to help plug its budget deficit, in a further sign of Moscow’s expanding influence over the economy of its neighbour. The loan came as talks dragged on between Kiev and the International Monetary Fund over a new assistance programme, after an earlier support package was suspended in 2009 when domestic reforms stalled. The move was seen as the latest in a series of moves that are steering Ukraine back into Moscow’s orbit since the election of the Russian-leaning Viktor Yanukovych as president in February 2010, replacing the pro-western Viktor Yushchenko. |
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| Countries / Regions | Russia, Ukraine |
