Ukraine is hoping to reach an agreement with external creditors on restructuring of the commercial debt. For holders of Ukrainian bonds, it may mean billions in losses. Are investment funds ready for cuts? asks the news agency Deutsche Welle.
Director of Economic Programmes of the Razumkov Centre Vasyl Yurchyshyn predicts that such radical scenario will not happen, and the parties will manage to come to a mutually acceptable compromise.
Mr Yurchyshyn especially emphasises that in all the years of independence, having already been on the brink of default more than once, Ukraine has never renounced debt payments.
“This indicates that despite difficulties, we …read more
Source: Razumkov Centre