Russia to continue cash injection to Ukraine; will give $2B this week

MOSCOW – Russia’s finance minister says Moscow will provide a fresh cash injection to Ukraine after several weeks of stalled payments to Kyiv.

Anton Siluanov said that Ukraine would receive $2 billion this week.

After Ukrainian President Viktor Yanukovych shelved an agreement to deepen ties with the European Union, Russia promised Kyiv a $15 billion loan.

Moscow has only disbursed $3 billion so far, and last week Siluanov said Russia wanted to ensure Ukraine would “make good on (its) obligations” before transferring the cash.

Russia showed increasing impatience as Yanukovych failed to disperse protesters who were camped out in government buildings in the Ukrainian capital.

On Sunday, however, demonstrators ended their nearly three-month occupation of the buildings in exchange for the release of jailed protesters.

News from © The Associated Press, . All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.

Join the Conversation!

Want to share your thoughts, add context, or connect with others in your community?

The Associated Press

The Associated Press is an independent global news organization dedicated to factual reporting. Founded in 1846, AP today remains the most trusted source of fast, accurate, unbiased news in all formats and the essential provider of the technology and services vital to the news business. More than half the world’s population sees AP journalism every day.