The Washington Post quotes Dinu Patriciu Eurasia Center Senior Fellow Anders Åslund on the steps needed to alleviate Ukraine’s economic crisis:

That leaves Ukraine facing the possibility of default as soon as the end of this month, and no later than September, when a $500 million bond falls due. Anders Aslund, an expert on the Ukrainian economy at the Atlantic Council, thinks Ukraine needs $10 billion in additional financing to survive the next two years. At best, it may get half of that.

Ukrainian leaders, who see themselves fighting in defense of Western democracy against Putin’s imperialist autocracy, increasingly express bewilderment at their inability to attract support. “If we fail,” Prime Minister Arseniy Yatsenyuk told The Post last month, “this will be a failure for the entire free world.” But the free world, it seems, is otherwise occupied.

Read the full article here.

Related Experts: Anders Åslund