Crimea loss to cost Ukraine hundreds of billions of dollars

Russia's annexation of the Crimea peninsula could cost Kiev hundreds of billions of dollars, Ukraine's interim prime minister Arseniy Yatsenyuk said on Friday, quoted by Interfax news agency.

Speaking to reporters in Kiev after signing a deal in Brussels on closer ties with the EU, Yatsenyuk said Russia was seizing "dozens of installations" from Ukraine worth "not billions, but hundreds of billions of dollars".