Ukraine and creditors locked in debt spat - FT.com:
"Ukraine is preparing to meet international creditors in San Francisco this week as the war-torn country warns that, unless a debt restructuring deal is struck, it is prepared to impose a debt moratorium in September.
According to Ukraine’s Ministry of Finance, the meeting on Wednesday represents the last opportunity for the two sides to reach full agreement in advance of a $500m bond due to mature on September 23.
In the absence of a deal Ukraine has stated it will seek “alternative options for financing its International Monetary Fund-supported programme”, which are understood to include a debt moratorium."
'via Blog this'
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