Kiev (AFP) – Ukraine’s main debt holders responded with extreme caution Monday to a sweetened but “final” debt restructuring offer that would keep the war-torn nation from imposing a repayment moratorium next month.Franklin Templeton and three other US financial titans own about two-thirds of the debt upon which Ukraine is trying to find savings of $15.3 billion (13.5 billion euros) over the coming four years.That target is part of a $40-billion global package the International Monetary Fund patched up to help the ex-Soviet nation weather an economic implosion that was only exasperated by the pro-Russian revolt in its industrial east.But …read more
Source: Business Insider
