Debt talks appear to have stalled in Ukraine weeks ahead of a June deadline. The Ukrainian government released a strongly-worded statement lambasting its creditors for their opacity and intransigence. At stake is whether the creditors will be forced to take a haircut on their holdings. The Financial Times has more:
Negotiations between international investors and the government appear to have reached deadlock, with a group of the country’s largest investors declaring earlier on Tuesday that they were “ready and willing to support a prudent debt restructuring with Ukraine” but had had “no substantive engagement” from the government. […]Claiming that the creditor …read more
Source: The American Interest
