Ukraine reaches debt relief deal with creditors

Ukraine has reached a crucial deal with its international bondholders that will help prop up its government finances and keep the struggling country from defaulting on its debt.

Ukraine reaches debt relief deal with creditors

Ukraine has reached a crucial deal with its international bondholders that will help prop up its government finances and keep the struggling country from defaulting on its debt.

Prime Minister Arseniy Yatsenyuk announced the value of Ukraine’s 19 billion US dollar sovereign debt will be cut by 20% to 15.5 billion dollars.

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