​Zelensky Suspends Ukraine’s Foreign Debt Payments Starting Aug 1st – Tyler Durden

Zelensky Suspends Ukraine’s Foreign Debt Payments Starting Aug 1st Who could have seen this coming? Ukraine’s President Volodymyr Zelensky has signed a new law which defers public debt payments until October if necessary, Reuters has confirmed. The bill was signed by Zelensky and returned to parliament on Wednesday. The government now has the authority to postpone payments on external public debt until restructuring negotiations are seen through, which could then see a moratorium held that would formally mark a sovereign default. “It is necessary to introduce, for the period of transactions to change the terms of borrowing, temporary measures related to the servicing and…  — Continue at ZeroHedge News : Read More