EU, US working on Ukraine aid plan

The European Union and the United States are working on a plan for significant short-term financial assistance for Ukraine, EU foreign policy chief Catherine Ashton was quoted on Sunday as saying.

Ashton said in an interview with The Wall Street Journal that the package would be aimed at helping Ukraine get through a transition period during which a broad-based interim government could approve political and economic reforms and prepare for presidential elections, currently due next year. (Reuters)