February 14, 2014

We Need a Marshall Plan to Fix Ukraine

Daniel Bilak, Globe and Mail

The Associated Press

The turmoil in Ukraine, now in its third month, will be not be resolved without robust intervention on the part of its key western partners, the European Union, the United States and Canada. The crisis began when Ukrainians swept into the streets to protest President Yanukovych’s abrupt refusal to sign an association agreement with the European Union. Explaining that Ukraine was bankrupt and required an immediate cash injection that the EU was unprepared to provide, the president gratefully accepted a $15-billion bailout from an obliging President Vladimir Putin of Russia.

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TAGGED: Ukraine

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