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As Moscow faced international condemnation after its orchestration of the weekend referendum on the future of Crimea in favour of reunion with Russia, Kiev remains on a financial as well as a military knife-edge. Ukraine’s financial and economic crisis preceded the political ferment, the removal of President Viktor
Yanukovych, Russia’s seizure of Crimea and the deepening international crisis surrounding President Vladimir Putin’s response to Ukraine’s revolution. The European Union (EU), Russia and the US have in recent months vied to win Kiev over with promises to help meet the $35 billion the Ukraine needs to stay afloat. The International Monetary Fund (IMF) last week was in Kiev to negotiate a reform package and the support Ukraine needs to avoid bankruptcy.
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