KIEV (AFP) – IMF chief Christine Lagarde on Tuesday pressed Ukraines hold-out creditors such as Russia and a handful of Western investment houses to write off some of the crisis-wrecked countrys massive debt.Lagardes statement came as an International Monetary Fund mission arrived in Kiev to assess Ukraines committment to economic restructuring and belt-tightening measures that would warrant the release of another portion of its $17.5 billion (15.7 billion euro) loan.A group of smaller private lenders have reportedly refused to join a debt write-down agreement that Kiev struck with its four largest commercial bondholders last month.Moscow is also demanding the December …read more
Source: Dunya TV
