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Sunday, 24 May 2015 - 10:25
EU agrees 1.8bn-euro loan to cash-strapped Ukraine
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The EU has agreed a 2 billion dollar loan to Ukraine - described as a landmark deal for a non-EU member.

The agreement was signed at an EU summit in Latvia, with the leaders of six post-Soviet nations.

The loan aims to help cash-strapped Ukraine implement economic reforms, as fighting with pro-Russian rebels in the east has taken a heavy toll.

Ukraine is under pressure from the EU and other international lenders to curb corruption and liberalise the economy.

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