Mr Nemyria’s warning seems aimed at putting public pressure on the IMF, the US and the European Union at a difficult time in financial markets. Concern about the stability of emerging economies has been aggravated by the turmoil surrounding Dubai, following Dubai World’s surprise decision to seek a debt restructuring.
From an FT article about Ukraine sounding dire warnings to the IMF if they don't get $2 billion soon. A bit of a Christmas and election surprise for the IMF. President Yushchenko didn't sign the letter, but he isn't backing Tymoshenko on many things recently. I suppose we'll have to see how the markets and the IMF react to Ukraine's plea this week.
Update: But then perhaps Greece's economic woes may influence the IMF's decision on Ukraine.
Posts
0 comments:
Post a Comment