Russia nears loan deal with Ukraine to keep it in its orbit




 
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Russia nears loan deal with Ukraine to keep it in its orbit
 
December 16th, 2013  
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Topic: Russia nears loan deal with Ukraine to keep it in its orbit


Russia nears loan deal with Ukraine to keep it in its orbit
By Timothy Heritage and Katya Golubkova MOSCOW (Reuters) - Russia signaled on Monday it was about to agree a loan deal with Ukraine to help its indebted neighbor stave off economic chaos and keep it in its former Soviet master's orbit. In snowbound Kiev, the opposition went ahead with plans for another big rally for Tuesday against what they see as moves by President Viktor Yanukovich to sell out national interests to Russia after he backed away from a landmark deal with the European Union that would have shifted their country westwards. An aide to Russian President Vladimir Putin suggested a credit would be agreed at talks with Yanukovich in Moscow on Tuesday, and Ukraine's energy minister said a deal was also very probable on lower prices for Russian gas. Yanukovich has turned to Moscow for money after spurning the chance of joining a free trade pact with the EU, despite the risk of protests against him swelling.

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