IMF ‘ready to respond’ to Ukraine aid bid

By Juergen Baetz

Published February 27, 2014 7:11pm ET

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IMF ‘ready to respond’ to Ukraine aid bid — Women show emotion at a memorial for the people killed in clashes with the police at Kiev's Independence Square, the epicenter of the country's current unrest, Ukraine, Thursday, Feb. 27, 2014. Ukraine put its police on high alert after dozens of armed pro-Russia men stormed and seized local government buildings in Ukraine's Crimea region early Thursday and raised a Russian flag over a barricade. (AP Photo/Emilio Morenatti) | Emilio Morenatti

BRUSSELS (AP) — The International Monetary Fund will answer Ukraine’s call for financial help “at this critical moment in its history,” fund chief Christine Lagarde said Thursday.

In the IMF’s first official statement on Ukraine since the country’s political crisis intensified last week, Lagarde said a fact-finding team will go to Kiev in the coming days to assess the financial needs.

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International Monetary Fund Ukraine