Friday, February 28, 2014

IMF's Lagarde says no need to panic on Ukraine aid request

* Premature to assess Kiev's needs, Lagarde says WASHINGTON, Feb 28 (Reuters) - The head of the International Monetary Fund said on Friday that there was no need to "panic" in terms of delivering economic aid to Ukraine, as she cast doubt the nation would need as much immediate help as its new leaders claim. "We do not see anything that is critical, that is worthy of panic at the moment," IMF Managing Director Christine Lagarde told reporters. Ukraine's government coffers have been depleted by huge debt repayments, efforts to protect its currency and high energy costs.

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