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Kovanda, Lukáš

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Lidové noviny - Czech Republic | 18/12/2013

Putin buying Kiev's loyalty

Putin is securing Kiev's loyalty with financial aid while Yanukokvych is buying himself time in the run-up to the elections, the conservative daily Lidové noviny concludes: "The Ukrainian economy is wilting, its foreign currency reserves have shrunk to a worrying extent and the country is rocked by internal strife. Unless something happens soon it will have to admit bankruptcy by May at the latest, as the report put out a couple of days ago by the Institute of International Finance reveals. While the institute recommends new talks with the IMF and the resumption of the negotiations on the EU association agreement, Moscow is interfering. ... With this deal Yanukovych is buying time until the 2015 elections and hoping that the protesters will give up as the winter sets in. Putin, meanwhile, is buying even more loyalty from Yanukovych - for example in the negotiations on the Eurasian Customs Union, which is the biggest thorn in the opposition's side."

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