You're reading: The Voice of Russia: Putin says US loan guarantees to help Ukraine are worthless

 Washington's offer to provide $1 billion in loan guarantees to help Ukraine is worthless as there are no banks willing to finance the recovery of crisis-hit country, President Vladimir Putin said April 11. Putin called Washington's negative response to his letter addressed to European leaders, which contains proposals on how to solve the Ukrainian crisis, "a bit strange" as the United States was able so far only to offer guarantees rather than actual loans.

 Read the story here.