Ukraine gets $17 Billion Bailout

Ukraine, struggling with a stuttering economy as well as an escalating crisis with neighboring Russia, has had its $17 billion International Monetary Fund bailout signed off.  But international lenders are already warning of threats to its funding.

Christine Lagarde, IMF managing director, warned “further escalation of tensions with Russia and unrest in the east of the country pose a substantial risk to the economic outlook.”

The detention of Russia’s military attaché to Kiev by Ukrainian police on Thursday morning highlighted concerns that the tensions gripping the country are unlikely to go away.

CNBC

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