Financial Times FT.com

EU optimistic on Ukraine gas dispute

By Joshua Chaffin in Brussels and Roman Olearchyk in Kiev

Published: June 29 2009 19:27 | Last updated: June 29 2009 19:27

Progress was made in talks aimed at preventing the latest Russia-Ukraine gas dispute from becoming a full-blown crisis, the European Commission reported on Monday.

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Participants at the meeting in Brussels, including the International Monetary Fund and the World Bank, stressed that any financial assistance to help the recession-battered Ukrainian government pay its bills would be contingent on continued reform of its gas sector.

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