1,000,000 + Attorneys and Legal Staff - Legal employers hire more people on LawCrossing than any other site.
Cleary Gottlieb Blamed for Argentine Default on Bonds
Cleary Gottlieb Blamed for Argentine Default on Bonds
Standard & Poor’s Said Argentina Defaulted
Standard & Poor’s Said Argentina Defaulted
Children in Bolivia Legally Permitted to Work
Children in Bolivia Legally Permitted to Work
Law Recruiter Gives 10 Reasons Why Firms Pick Fewer Older Attorneys
Law Recruiter Gives 10 Reasons Why Firms Pick Fewer Older Attorneys
Job Listings

Kiev Needs $35 Billion of Financial Assistance

facebooktwittergoogle_plusredditpinterestlinkedinmail

Acting Finance Minister Yuriy Kolobov proposed calling an international conference of donors with the EU, the U.S. and other countries. The $35 billion financing package is needed for this year and the following year, the ministry has estimated.

Viktor Yanukovych Ukraine’s ousted President is a wanted man. CNN News has reported that Yanukovych is facing a warrant for the “mass killings” of civilians. He is also missing.

Acting President Oleksander Turchinov is warning that the Ukraine is close to default and “heading into the abyss”, and according to Reuters, both the United States and European Union said they were looking at how to help Kiev. The country will need $35 billion in foreign aid over the next two years to avert default and the L.A. Times has reported that it has called for an international donors’ conference to craft a rescue plan.

According to Bloomberg news, the Ukraine replaced its central bank chief as it scrambles to fend off default.

What

 job title, keywords

Where

 city, state, zip



Get JD Journal in Your Mail
Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!


The economic and political challenges that Ukraine faces are enormous,” reported chief economist for emerging Europe at the Institute of International Finance, Lubomir Mitov. “To avoid a complete collapse in the coming weeks, Ukraine needs money now,” he said on a phone call with reporters, according to Bloomberg News.

According to Huffington Post, French Foreign Minister Laurent Fabius, while speaking during a visit to Beijing, said that it would be “desirable” for Russia to offer support for Ukraine.

The European Commission has confirmed that a variety of options for financial assistance are being discussed, according to the Huffington Post. European Commission spokesman Olivier Bailly reported that The EU has been working on an international economic support package for Ukraine for the short, medium and long term.

There has been the deadliest violence in the country since its independence 22 years ago. The State Department has warned U.S. citizens to defer all nonessential travel to Ukraine.

Image Credit: www.veooz.com

Kiev Needs $35 Billion of Financial Assistance by

facebooktwittergoogle_plusredditpinterestlinkedinmail

Tagged: , , ,

Jaan Posted by on February 24, 2014. Filed under Home,World News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.

 

 

Job of the Day
Real Estate Associate
USA-TX-Dallas

Our client is a north Dallas law firm who seeks a Real Estate Development Associate.  The ideal candidate will have 2-4 years law firm experience concentrated in representing real estate develope...