Friday, February 13, 2015

Opinion: Why is the West subsidizing Russia? - Feb. 13, 2015

The Minsk ceasefire is the first good news Ukraine has had in a while, but the simultaneous announcement of a $40 billion lifeline for the country is equally important as a statement of intent.



The West's willingness to extend financial support to Ukraine has become a crucial test of strength in relations with Russia. Although the Ukrainian and Russian economies are likely to shrink by a similar margin in 2015, Ukraine doesn't have the large reserves available to Russia, and can't survive long without external help.



Opinion: Why is the West subsidizing Russia? - Feb. 13, 2015

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