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Ukraine under pressure: not paying debt to Russia will compromise IMF loan – 2 Minute Brief From Boom Bust
Friday, August 28, 2015 18:01
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After five months of talks, Ukraine has agreed to a restructuring deal: Private creditors WILL accept a 20% write-down on the face value of their Ukrainian bonds. The deal covers bonds with outstanding principal of 18 billion dollars and with that 20 percent reduction, which provides Ukraine with 3.6 billion dollars in debt relief
RT’s Ameera David weighs in.
Source: Boom Bust, RT; reprinted with permission.
Source: http://thenewsdoctors.com/ukraine-under-pressure-not-paying-debt-to-russia-will-compromise-imf-loan-2-minute-brief-from-boom-bust/
