Ukraine is holding talks with creditors on restructuring its foreign currency debts, an official from an international finance association said on Thursday following recent meetings with Ukrainian officials.
Lubomir Mitov, an economist with the Institute of International Finance, said that while Ukraine’s finances were precarious, it was too soon to say whether it would need to change the terms of its debt.
Mitov said Ukrainian officials stressed they would avoid forcing any so-called haircuts on bondholders in a debt restructuring.
Source: Voice of America
