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16 March
, 2010,04:26


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News / 12 March 2009 | 17:30

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.

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16:21 Ukrainian President Viktor Yanukovych has expressed condolences to his Pakistani counterpart Asif Ali Zardari over the deaths of people in a terrorist attack on the city of Lahore.

11 March 2010
16:08 Newly elected Ukrainian Prime Minister Mykola Azarov has taken an oath of loyalty to the Ukrainian people.
16:07 The Verkhovna Rada of Ukraine has appointed a new government on Thursday.

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