You're reading: Bloomberg: Biden pledges aid as Ukraine seeks $10 billion to avert default threat

U.S. Vice President Joe Biden has pledged help to Ukrainian President Petro Poroshenko as the former Soviet republic seeks billions of dollars to avert a default. The U.S. is committed to working with partners, including the International Monetary Fund, "to ensure that Ukraine will have the macroeconomic support it needs," Biden told Poroshenko in a phone call, according to an e-mail statement issued by the White House.

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