If events go smoothly for Ukraine’s cash-strapped government, Russia will begin bailing out the country as early as this week with a first purchase of $3 billion in Ukrainian bonds. Relief on the energy front is also imminent because Moscow will cut Kyiv’s natural gas bill by one-third from the start of the new year.
EuroMaidan Revolution
Financial Times: Ukraine bailout could derail Putin’s drive to boost Russian economy
EuroMaidan demonstrators are not happy about President Viktor Yanukovych's choice to accept a multibillion-dollar bailout from Moscow on Dec. 17 rather than move closer to the European Union.
