Forbes on aid to Ukraine: the West seem not to know what to do with money
Helping Ukraine loans, the West is throwing money into the " rabbit hole ", because investors don't know what will happen to their finances, writes journalist Kenneth Rapoza.
"The last at the moment, the cycle of payment of Ukraine shows that European investors don't know what to do with money," - said the journalist.
according to his statement, every two months, international monetary Fund (IMF), the United States or the European Union declare a new tranche of monetary aid to the country, which is one of the most sad economic stories in the world."
for example, on Tuesday the European Commission announced the transfer of Ukraine 250 million euros. Rapoza stresses, because this part is already stated before loan EU.
"it is unclear who gave the money for the loan. But who would these citizens are, in making money from their deposits, they are not interested, " says ironically Forbes reporter.
Currency reserves of the country, explains his position Rapoza, now it does not exceed nine billion, and this despite the fact that only the IMF is obliged to provide it 17, 5 billion. Ukraine slightly creditworthy, and data from the rating Agency Standart
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