Analysis: Europe's $15bn aid to Ukraine could help prevent recession
1,318 views · Published 5 March 2014 · 3:47 · Indexed 10 November 2026
Channel: Al Jazeera English · 2014 · News & Politics
Lilit Gevorgyan, Ukraine analyst for IHS Global Insight, which provides global market and economic information, talks to Al Jazeera about Europe's $15bn aid package to Ukraine. Gevorgyan said it is a significant development for Ukraine, which is facing economic and political crisis. She said that the aid could help Ukraine from falling into recession and "a very high risk of default". Despite the diplomatic squabble, Gevorgyan also said that it is important that the US and Europe allow Russia to play a part in Ukraine's economic rescue.
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