Time Running Short for Ukraine Bailout

Time is running short for the United States and Europe to prevent a financial collapse in Ukraine that would further destabilize the divided country.

Some analysts believe Ukraine will run out of funds to pay its bills as early as next week unless the West provides emergency financial aid.

Three months of mass protests in Kiev culminated in the ousting of pro-Russian President Viktor Yanukovych last week. Opposition leaders are now trying to form a temporary government that can steer Ukraine to presidential elections due in late May.

CNN

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