March 7, 2014

For Ukraine, a Tale of Two Lifelines

Timothy Homan, The Fiscal Times

The Associated Press

The European Union and U.S. both say they want to help Ukraine – they just have different ways of showing it.

The EU yesterday announced it’s ready to offer $15 billion in assistance to Ukraine. On the other side of the Atlantic, Congress considers legislation that would provide $1 billion in loan guarantees, a move that wouldn’t result in any money changing hands.

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TAGGED: Ukraine, European Union


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