Kiev had been waiting for the resumption of lending since August of last year in a USD 17.5 billion program intended to help stabilize the country after the 2014 ouster of pro-Russian President Viktor Yanukovych.
Here are five reasons the world's largest economies are watching what happens in Ukraine.
Richard Gibbs, Global Head, Macquarie Securities says India need not worry too much about tensions in Ukraine as it is well supported by domestic demand. According to him, investors should use every dip to buy into markets like India. He says the country could see opportunistic buying.
Ukraine's economic woes run deep and the country has been reliant on aid from Russia. A slump in demand for exports of steel and industrial machinery and poor economic policy has taken a toll, analysts say.