Wednesday, November 04, 2009

Ukraine is the IMF's headache

 Mr Strauss-Kahn said “the big problem for me is Ukraine” when answering the question about Eastern Europe in his interview to FT.


Bloomberg reports: Ukraine has failed to comply with the loan’s terms, including raising natural gas prices for households and adopting laws needed to stabilize the financial system. At the same time, Ukraine’s parliament approved a law on Oct. 20 increasing social payments, including the minimum wage, in an effort to win voter support ahead of Jan. 17 general elections.

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