Author (Person) | Olearchyk, Roman |
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Series Title | Financial Times |
Series Details | 30.11.12 |
Publication Date | 30/11/2012 |
Content Type | News |
Ukraine, with its economy sliding into recession and budget deficit widening, has appealed to the International Monetary Fund on the 30 November 2012 to initiate negotiations on a fresh, multibillion-dollar bailout loan programme. After contracting 15% during the 2009 global recession, billions of dollars in IMF loans helped stabilise Ukraine’s economy. But a $15bn bailout programme was frozen in 2011 amid lacklustre reform efforts. |
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Countries / Regions | Ukraine |