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Russia financing Ukraine, Kiev planning new nuclear power

Russia lends Ukraine $2bn: what does it want in return? | FT.com, June 11, 2010  by Roman Olearchyk Now that the west seems to fear to tread very far into Ukraine, Russia is more than happy to step into the breach…it seems that the Russian bank has agreed to shore up the public finances for six months. The short-term benefits to Kiev are obvious: but the long-term implications of the dramatic increase in Russian influence that has followed president Viktor Yanukovich’s election have yet to become clear……….Kiev also hopes soon to ink a $4-5bn loan from Russia to finance new nuclear power blocs.

Russia lends Ukraine $2bn: what does it want in return? | beyondbrics | FT.com

June 12, 2010 - Posted by | politics, Ukraine | , , , , , , , ,

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