IMF says Ukraine needs more money amid crisis and contagion risk.
The International Monetary Fund sees the ongoing crisis in Ukrainian as a major risk for the global economy that is experiencing substantial turbulence, which could spread to other emerging markets.
"The crisis in Ukraine is a danger which is very difficult to gauge (and) whose contagion risk for other countries can barely be predicted," said IMF managing director Christine Lagarde in an interview with German newspaper Handelsblatt on May 12.
"All the same, it can have severe economic consequences," she added.
Asked where the biggest dangers lie, the IMF chief pointed to the pro-Russian separatism turmoil in Ukraine having an impact on international trade, foreign direct investment, international capital flows and Europe's energy supply.
http://www.kyivpost.com/content/business/imf-says-ukraine-needs-more-money-amid-crisis-and-contagion-risk-347638.html