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Ukraine financial stabilization largely political task — Russian expert

March 04, 2015, 16:25 UTC+3 MOSCOW

To stabilize the situation Ukraine needs to end the war and improve relations with Russia, says VTB Bank CEO Andrey Kostin

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A rally in front of the National Bank of Ukraine in Kiev, Feb. 24

A rally in front of the National Bank of Ukraine in Kiev, Feb. 24


MOSCOW, 4 March. /TASS/. Stabilization of the financial sector in Ukraine is largely a political task aimed at ending the war and improving relations with Russia, head of Russia’s VTB Bank Andrey Kostin told journalists on Wednesday.

According to him, "Huge money will not be allocated to Ukraine today just for nothing, as Ukraine would like." "In many ways, stabilization is a political decision, fulfilment of the military-political tasks: to end the war, stabilize the political regime, establish good neighbourly relations and cooperation with Russia - this largely guarantees Ukraine’s success in rescuing its financial sector from the abyss in which it has fallen," said the VTB head.

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