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Nation    

Rising Russian gas import cost may speed IMF borrowing, says PM
Journal Staff Report

VIENNA, June 8 — Rising prices for gas imports from Russia may push Ukraine to draw its International Monetary Fund loan down faster to protect its foreign exchange reserves, Prime Minister Mykola Azarov told Reuters on Wednesday.

He was speaking after a meeting with his Russian counterpart Vladimir Putin in Moscow on Tuesday failed to secure agreement to lower gas prices that will ratchet up sharply from current levels toward the end of this year.




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