Article 5N73 Ukraine pleads to restructure its debts quickly

Ukraine pleads to restructure its debts quickly

by
Larry Elliott
from Economics | The Guardian on (#5N73)

Finance minister Natalie Jaresko wants to see debt cut and interest on remainder reduced so Ukraine can move towards stability

Ukraine could be forced into a damaging default unless talks to restructure its debts are concluded successfully and speedily, the country's finance minister warned on Tuesday.

Natalie Jaresko said all her country's creditors were aware of the critical nature of the negotiations designed to help stabilise an economy crippled by recession, corruption, mismanagement, and war.

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