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FarCenter

(19,429 posts) Fri Feb 28, 2014, 07:41 PM Feb 2014

While IMF urges calm over Ukraine economy, three countries freeze suspicious Ukrainian assets

IMF chief Christine Lagarde has dismissed panic over Ukraine's economy as premature. Her call for calm came as Switzerland, Austria and Liechtenstein said they were freezing assets held by roughly 20 Ukrainians.

"We do not see anything that is critical, that is worthy of panic at the moment," the head of the International Monetary Fund (IMF), Christine Lagarde, said on Friday. The comments referred to recent warnings from the newly-installed interim government in Ukraine of impending bankruptcy for the eastern European country.

Lagarde dismissed the estimates of the Ukrainian deficit circulating through the media as "meaningless."

"It is highly premature to assess financials needs," the IMF chief said in Washington on Friday.

http://www.dw.de/while-imf-urges-calm-over-ukraine-economy-three-countries-freeze-suspicious-ukrainian-assets/a-17466073

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