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Lagarde: no need to "panic" on Ukriane aid

R
Reuters

21 Views • Feb 28, 2014

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PLEASE NOTE: THIS EDIT CONTAINS CONVERTED 4:3 MATERIAL

International Monetary Fund Managing Director Christine Lagarde says getting aid to Ukraine is on the agenda, but there's no need to "panic", or throw out wild numbers.

SOUNDBITE: INTERNATIONAL MONETARY FUND MANAGING DIRECTOR CHRISTINE LAGARDE (ENGLISH) SAYING:

"We are sending to Kiev, early next week, a team. The mission of the team will be focused on finding facts on beginning a dialogue with the authorities, on accessing the economic and financial situation of Ukraine and on discussing the current policies, as well as expected policies in order to begin building the grounds of support programs for Ukraine."

Ukraine's interim government says the country needs at least $35 billion over two years in order to avoid slipping into bankruptcy, but Lagarde says the amount of assistance has yet to be determined.

SOUNDBITE: INTERNATIONAL MONETARY FUND MANAGING DIRECTOR CHRISTINE LAGARDE (ENGLISH) SAYING: