Russia to bail out Ukraine for $15 billion




 
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Russia to bail out Ukraine for  billion
 
December 17th, 2013  
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Topic: Russia to bail out Ukraine for $15 billion


Russia to bail out Ukraine for  billion
By Darya Korsunskaya and Timothy Heritage MOSCOW (Reuters) - Russia agreed a $15-billion bailout for Ukraine and slashed the price of gas exports on Tuesday under a deal that keeps the cash-strapped country in Moscow's orbit but fuelled street protests in Kiev. Vladimir Putin's agreement with Ukrainian President Viktor Yanukovich was a triumph for the Russian leader in a geopolitical battle with Europe. But he failed to lure Ukraine into a customs union with other ex-Soviet republics and the deal is a heavy financial burden for Russia. Tens of thousands of protesters gathered within hours of the deal in Kiev and accused Yanukovich of selling his country to the highest bidder after walking away from a trade deal with Europe.




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