Money

Ukraine needs money from US, Europe to keep economy running | National News


KYIV, Ukraine (AP) — Ukraine’s hard-won economic stability is under threat again as the government faces a large budget hole and its two biggest allies and sponsors — the United States and the European Union — have so far failed to decide on extending more aid.

Without pledges of support by the start of February — when EU leaders meet to decide on aid — and if no money arrives by March, that could risk the progress Ukraine has made against inflation. It has helped ordinary people keep paying rent, put food on the table and resist Russia’s efforts to break their society’s spirit.


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