Ukraine needs more financial support: IMF

The International Monetary Fund said Friday that embattled Ukraine will need more financing in addition to what the Fund and European partners have offered in the face of "major uncertainty." Six months after the $27 billion rescue package was decided for the country - including $17.1 billion from the IMF - the ongoing conflict between Kiev and pro-Russia separatists has not abated, and continues to drag down the economy.
"Ukraine's international partners need to start thinking about if they can provide more support for the country," said the IMF's European department head Poul Thomsen. "We do see a somewhat higher financing need, it's too early to say how much," he said.