Connect with us

Hi, what are you looking for?

World

Russia says to release $2 bn of Ukraine aid this week

-

Moscow said Monday it would release two billion dollars this week from a vital aid package to Ukraine it had effectively frozen when protests escalated last month.

Asked about the next tranche of the $15 billion package, Finance Minister Anton Siluanov told Russian news agencies: "This week, two billion."

Russia had granted its crisis-hit neighbour a crucial lifeline in December but said in late January it was suspending payment until a clearer picture emerged from the political turmoil.

"Let's wait until a new government is formed in Ukraine," President Vladimir Putin had said, a day after the Ukrainian prime minister and his entire government resigned in a bid to stem a swell of protests.

Hundreds of thousands of Ukrainians have been demonstrating since November against President Viktor Yanukovych's 11th-hour decision to turn his back on a deal with the European Union in favour of closer ties with Moscow.

Moscow said Monday it would release two billion dollars this week from a vital aid package to Ukraine it had effectively frozen when protests escalated last month.

Asked about the next tranche of the $15 billion package, Finance Minister Anton Siluanov told Russian news agencies: “This week, two billion.”

Russia had granted its crisis-hit neighbour a crucial lifeline in December but said in late January it was suspending payment until a clearer picture emerged from the political turmoil.

“Let’s wait until a new government is formed in Ukraine,” President Vladimir Putin had said, a day after the Ukrainian prime minister and his entire government resigned in a bid to stem a swell of protests.

Hundreds of thousands of Ukrainians have been demonstrating since November against President Viktor Yanukovych’s 11th-hour decision to turn his back on a deal with the European Union in favour of closer ties with Moscow.

AFP
Written By

With 2,400 staff representing 100 different nationalities, AFP covers the world as a leading global news agency. AFP provides fast, comprehensive and verified coverage of the issues affecting our daily lives.

You may also like:

Life

Scientists at Virginia Tech have found a way to switch off pain linked to inflammation in female mice by blocking a single pathway.

Tech & Science

Proteomics as a concept concerns the study of the complete set of proteins expressed by an organism since the molecules carry out nearly every...

Tech & Science

Which are the slowest UK loading websites? Here are the answers:

Entertainment

The Berlin Film Festival will kick off on Thursday evening with an eclectic selection of films reflecting current upheavals.