Ukraine to take 500 mn euro loan from EU, also in talks with various countries

Ukraine plans to issue sovereign debt with World Bank guarantees by the end of February, Finance Minister Oksana Markarova told reporters after a conference on Tuesday.

Ukraine expects a 500 million euro loan tranche from the European Union by the end of March, she said, adding that the government is also in talks about bilateral loans with various countries. She declined to name them but they include nations from the Group of Seven (G7).