Ukraine parliament fails in first bid to support law for IMF deal

KIEV, March 27 Thu Mar 27, 2014 12:30pm EDT

KIEV, March 27 (Reuters) - Ukraine's parliament on Thursday failed in a first bid to pass an anti-crisis law approving austerity measures demanded by the International Monetary Fund as part of a $14 billion-18 billion bailout package.

The draft law proposed by the government of Prime Minister Arseny Yatseniuk failed to muster enough votes, but deputies continued discussions to try to find a compromise.

(Reporting by Natalia Zinets,; Writing By Richard Balmforth, Editing by Angus MacSwan)