Economy

G20 urged to give financial support to Ukraine

UK Chancellor of the Exchequer George Osborne has urged the G20 group of developed nations to provide vital financial aid to crisis-hit Ukraine.

He said this in an interview in Sydney, where he was attending a meeting of the G20 finance ministers and central bank governors.

The G20 countries, including countries such as Britain, the United States and other developed nations, should be ready to provide international aid to Ukraine's people, Osborne said, the international media reported.

"We're here, ready to help, just as soon as there is someone at the end of the telephone. We should be there with a checkbook to help the people of Ukraine rebuild their country," the UK chancellor said.

Britain is likely to contribute to stability funds being put together by the European Union and the International Monetary Fund, the UK minister said after he discussed the financial assistance with his U.S. counterpart in Sydney.

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