Russia will take part in talks on IMF financial aid to Ukraine-report

MOSCOW Thu Feb 27, 2014 1:06am EST

Related Topics

MOSCOW (Reuters) - Russia will take part in discussions on an International Monetary Fund (IMF) financial package for Ukraine and will not stand aside, Andrei Bokarev, head of the Finance Ministry's international relations department, was quoted as saying.

Debt-stricken Ukraine has said it needs $35 billion over the next two years to stave off bankruptcy. The European Commission says Russia should be included in efforts to provide financial assistance.

"All I can say is that we will take part in discussions (at the IMF), there is no talk of standing aside," Bokarev told RIA news agency.

(Reporting by Katya Golubkova, editing by Elizabeth Piper)

FILED UNDER:
Photo

After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.