Ukraine Shouldn’t Hold Out for Haircuts

International Monetary Fund Logo Over Ukraine Flag

(Bloomberg – – Leonid Bershidsky – May 13, 2015) With Greece missing one deadline after another to reach agreement with its creditors, it’s easy to forget that a day of reckoning is also nearing for Ukraine. The government is supposed to reach a debt restructuring deal with private bondholders by June, but is no closer than when talks began […]

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