Soros: Ukraine needs help from the West in the amount of $15 billion
Ukraine to address issues in the country urgently need help from the West in the amount of fifteen billion dollars, according to U.S. financier George Soros and the French philosopher and writer Bernard-Henri l?vy.
" Ukraine will defend itself militarily, But she urgently needs financial assistance. Urgently need fifteen billion dollars. But in order to ensure the survival of Ukraine and to motivate private investment, Western countries must take on their own shoulders political commitment to provide additional funds (Kiev), "- said the publication Soros and Levi named to Save a new Ukraine " (Save the New Ukraine), published by century
As emphasized by the authors, providing funds and the obligations of the West before Kiev is obliged to rely on the fact, How does possess weapons of conflict in the country, and how the Ukrainian Authorities will succeed in carrying out reforms.
first of Soros, speaking at the international economic forum in Davos, said that the Crisis of political Power around Ukraine represents a serious danger for the whole of Europe. In his own speech, the financier Also noted that " international authorities need to provide Ukraine monetary support."
American financier, has a mixed reputation due to extensive and rigorous speculation on the currency market in January visited Kiev, met with the authorities and said that considering the significant investment in Ukraine. For example, Soros has expressed interest in investing in energy efficiency, agriculture, and wants to assist refugees From the zone of military conflict, remaining within Ukraine. Also Soros has stated it will work with authorities in the West who have the ability to provide monetary support to Ukraine in order to avoid default.
Ukraine is in a difficult political crisis, which affects its economy and the public sector, in fact the country is on the verge of default. The authorities want to improve the situation of foreign borrowing. The IMF has opened for Ukraine's two-year loan program 17, $ 1 billion. Of this amount, 4, 6 billion Kyiv received in 2014, the remaining funds must be allocated in 2015. Send Kiev was Also provided by the world Bank, the EBRD, the European investment Bank and some countries.
in General in 2014, Ukraine received financial assistance amounting to about 9 billion dollars. The total state dog for eleven months was 69, 3 billion dollars.
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