Ukraine Secures $6bln Loan Option to Develop Atomic Energy

Ukraine said Friday that it has secured an option to borrow $6 billion from Russian banks to help develop its atomic energy industry, APA reports quoting RIA Novosti.

The agreement between the two countries was reached last December during an inter-governmental commission, according to a Ukrainian Economy Ministry statement.

Russia agreed a large financial aid package for Ukraine last month after Kiev backed off from an association agreement with the European Union, a move that sparked large street demonstrations across the former Soviet country.

”Ukraine will use Russian technology because of its good technical features,“ said Valery Muntiyana, the Ukrainian official responsible for cooperation with Russia, according to the statement. ”It is fourth-generation...