On the sidelines of the March 31–April 1 nuclear security summit, in Washington, DC, the United States’ President Barack Obama made it clear to Ukrainian President Petro Poroshenko that the US will not issue $1 billion in loan guarantees to Ukraine until a new government is in place (President.gov.ua, April 1). And Vice President Joe Biden noted that assistance from international financial institutions was also contingent on the appointment of a new government (President.gov.ua, March 31). Ukraine’s economy is in better shape now than in 2014–2015, when the national currency collapsed under the weight of war in eastern Ukraine and …read more
Source: The Jamestown Foundation