Credit might worsen relations between Ukraine and Russia

Russian loan of five billion USD to Ukraine might worsen the relations between the countries, the head of the Economy institute center Leonid Vardomski.

“Taking into account the specific character of the relations between the countries I would not give that loan, as it can spoil the relations once and for all,” he said and added that there is a risk Ukraine will not pay back.

According to him, the Russian loan can be used for formation of certain political moods in Ukraine.

The expert noted that Russia should better offer Ukraine a certain sum of money, 100 or 200 million USD for example, as a non-repayable loan for settling urgent problems. The rest of the sum should be given provided that there is a money back guarantee, in case the situation in Ukraine is very difficult.

ForUm

Discuss news in the Forum

One-line news

13:19 In Davos, President Viktor Yanukovych took part in a World Economic Forum session “New Energy Architecture: Enabling an effective transition.”

10:10 In Davos, President Viktor Yanukovych took part in a session of the World Economic Forum titled "Energy for Economic Growth.” During the session, President Yanukovych brought up the issue of energy security of Ukraine, and told about the implementation of new technologies to use alternative and unconventional energy sources in our country.

24 January 2012

13:48 A Ukrainian delegation has left for Washington to hold talks with the International Monetary Fund (IMF), Ukrainian Finance Ministry spokesperson Viktor Kosarchuk has said.

All news

News

13 February 2012

17:20 Drunken deputy broke window of traffic police car

16:50 Ukraine makes payment on first tranche of IMF loan on time

16:12 Ukrainian scientist suspected of spying for U.S.

15:40 European Commission welcomes progress made by Ukraine in implementing Action Plan on Visa Liberalization

15:00 Russia's ban on Ukrainain cheese is not catastrophic event, Ukraine's Agrarian Ministry says

14:31 Expert: Russia and EU will agree on Ukraine's conditions on gas consortium

14:00 Tymoshenko's defense team appeals court decision limiting time for review of case file

13:30 Ukrainian Green Party opposes construction of radioactive waste storage near Chornobyl

13:00 PM Azarov promises the most transparent elections ever

12:30 Barge with 11 Ukrainians onboard trapped in ice

11:55 Spring will come to Ukraine in mid-March

11:17 Regional Development Ministry signs $3 million contract with World Bank to revive housing sector energy efficiency by 2015

10:38 Foreign doctors arrived in Ukraine to examine Tymoshenko

10:00 President instructs establishment of EuroBasket 2015 organizing committee

10 February 2012

17:20 Russia to exclude Ukrainian goods if Ukraine refuses to join Customs Union

All news

Top

Editorial staff:english@for-ua.com
Republication or redistribution of ForUm content, including by framing or similar means,
is allowed with the reference to en.for-ua.com only.
All rights are reserved by © LTD. Inter-Media, ForUm 2001-2012