The International Monetary Fund said that crisis in Ukraine poses big threats to the global economy. IMF chief Christine Lagarde commented on the analytical survey conducted by the international organization. Political standoff in Ukraine may harm international trading and derail global financial flows. Besides, the situation in Ukraine may undermine energy supply in the EU, this is the major problem of the region. The situation may have broader spillover implications. "The crisis in Ukraine is a danger which is very difficult to gauge (and) whose contagion risk for other countries can barely be predicted," she said. The conflict of interests within the global powers could have severe economic consequences for international trade and partner relations worldwide, as well as curb foreign direct investments, reduce international capital flows and may result into large-scale financial and political losses for everyone involved in the crisis. Summarizing, Christine Lagarde noted that there will be no winning party to this dispute. Alongside this she noted that Ukraine needs much more than $17 billion in rescue package. The IMF has already promised to allocate this loan. Christine Lagarde concluded that Kiev should seek for financial aid from other financial institutions as the international society has no other choice.
