Police re-capture government building in Donetsk

Police re-captured the administrative headquarters of the eastern Ukrainian city of Donetsk and have around 68 pro-Russian protesters in custody who are being questioned over the occupation.

View all 311 updates ›

Lagarde: Don't panic about economic aid to Ukraine

The head of the International Monetary Fund Christine Lagarde said there is no need to "panic" in terms of delivering economic aid to Ukraine.

IMF head Christine Lagarde said there is no need to 'panic' over economic aid to Ukraine Credit: PA

"We do not see anything that is critical, that is worthy of panic at the moment," she told reporters in Washington. "We would certainly hope that the (Ukrainian) authorities refrain from throwing lots of numbers which are really meaningless until they've been assessed properly."

Ukraine's new leaders say they need $35 billion (£21 billion) over two years to avoid bankruptcy and an EU diplomat said Ukraine had asked for an immediate infusion of $4 billion.

The country's finance minister said he hoped that the IMF would work on an aid package of at least $15 billion.

An IMF team is set to arrive in Kiev early next week to assess the economic situation.

More on this story