Middle East Economic Survey

VOL. LII

No 31

3-Aug-2009

CASPIAN

EC Sees Progress On Sourcing Loan For Ukraine Gas Supplies

European Commission (EC) spokesman Mark Gray told reporters on 24 July that there were very hopeful signs of progress in an EC attempt to source funding for a loan to help Ukraines cash-starved Naftogaz Ukrainy to buy Russian gas for transit to Europe. Following a day of discussions between international financial institutions (IFIs) and Ukrainian authorities he said that the...