Russian Prime Minister Vladimir Putin has proposed the International Monetary Fund (IMF) to spend part of $10 billion Russian investment into IMF bonds to help Ukraine to pay for the Russian gas. This is important for energy stability in Europe, Putin said in his statement published on his official web-site, Voice of Russia reported.

Putin said that from his phone conversation with president of the European Commission Jose Manuel Barroza it had become clear that the EU is not in state to provide financial help to Ukraine now. He noted that the Russian investment should be used first of all to help its CIS neighbors including Ukraine, which had faced a problem with gas payments.

Earlier, at the recent EU-Russia summit in Khabarovsk, Russian president Dmitry Medvedev also touched upon the Ukrainian gas issue.

In his statement Vladimir Putin also said that he had sent a letter to Dominique Strauss-Kahn, Managing Director of IMF, with Russia’s confirmation to invest $ 10 billion in IMF bonds on May 27. The Ukrainian government knows about the Russian proposals to IMF. In his statement the Russian Prime Minister also said that Russian advance payments to Ukraine for 5-7 years gas transit are unlikely and there is a growing risk of failure of Russian gas transit to Europe.

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