EU, IMF Discuss $4 Billion Gas Loan for Ukraine, Times Reports

A $4 billion loan to secure Ukraine`s gas requirements is being discussed by the European Union, the International Monetary Fund and the European Bank for Reconstruction and Development, the London-based Times reported, according to Bloomberg.

NAK Naftogaz Ukrainy, Ukraine`s state-run energy company, has no money to make the payment to Russia`s OAO Gazprom for next month`s gas, which is due on July 7, the newspaper said.