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Ukraine: Marked loss of confidence in the banking system - je 14.10.2008 12

Constanze TressOctober 14, 2008

And in Ukraine, there's been a marked loss of confidence in the banking system. On Monday the Central Bank in Kiev limited bank loans and restricted withdrawals from retail accounts. Analysts now expect Ukraine to apply to the International Monetary Fund for assistance. That means Ukraine will be the second country after Iceland to apply to the IMF for help in shouldrering its financial burdens.

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