LONDON, June 17 (Reuters) – Talks between Ukraine and its international bondholders designed to cut its debt to help finance its war effort ground to a halt on Monday after the two sides failed to reach an agreement.
It means the clock continues to tick down to a potential $23 billion sovereign default later in the summer. That’s a headache that Kyiv and supportive institutions like the International Monetary Fund (IMF) will want to avoid, so what happens now?
Source: REUTER
