Ukraine

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Central Bankers Lead Revamp as Crises Sweep Ex-Soviet States

0.5 percent after a 2.7 percent contraction in 2015. Read more. (Ukraine) Lenders of ...

Daily Headline - abi_admin - 12/29/2015 - 12:38 - 0 comments

Ukraine Leaders Pledge Unity, Overhauls for IMF Loans

Ukraine’s leaders pledged to put aside their differences and take measures to unlock loans from the International Monetary Fund, after weeks of squabbling strained the pro-Western coalition and delayed the latest bailout tranche, The Wall Street Journa ...

Daily Headline - global.abi.org - 12/16/2015 - 22:23 - 0 comments

Russia, Ukraine Must Hold Direct Talks on Debt Restructuring - IMF

The International Monetary Fund (IMF) will not get involved in the negotiations between Moscow and Kiev to restructure Ukraine’s debt to Russia, IMF Communications Department Director Gerry Rice said in a briefing on Thursday, Sputnik News reported. “We ...

Daily Headline - global.abi.org - 12/03/2015 - 22:21 - 0 comments

Troubled Ukraine Exits Recession

In a related story, the Irish Times reported that Ukraine’s economy exited 1 1/2 years of recession last quarter, reaching a milestone toward what officials predict will be a drawn-out recovery. Gross domestic product rose a preliminary 0.7 per cent in July-September from the previous quarter, the ...

Daily Headline - global.abi.org - 11/16/2015 - 19:45 - 0 comments

IMF Plans to Alter Lending Policies to Keep Ukraine Bailout on Track

Ukraine’s Western allies are preparing to accelerate planned changes to the International Monetary Fund’s lending policies to prevent Russia from stymieing the country’s $25 billion financial rescue package, The Wall Street Journal reported. Ukraine’ ...

Daily Headline - global.abi.org - 10/29/2015 - 21:23 - 0 comments

Legal Fight Looms Over Ukraine’s $3 Billion Debt To Russia

A legal fight is looming over a $3bn bond owed by Ukraine to Russia after Moscow refused to join other bondholders in a debt restructuring and both sides said they were prepared to take the matter to court, the Financial Times reported. Russia emerge ...

Daily Headline - global.abi.org - 10/15/2015 - 19:58 - 0 comments

Fitch Downgrades Kiev To Restrictive Default

The Fitch rating agency has cut Ukraine's foreign currency rating to restrictive default after Kiev failed to repay $500 million in Eurobonds on September 23. A ‘restrictive default’ Fitch rating indicates a failure to pay on a bond, loan or other m ...

Daily Headline - global.abi.org - 10/07/2015 - 19:37 - 0 comments

IMF: Ukraine Must Resolve 2016 Budget Issues

Ukraine must resolve outstanding budget issues before the International Monetary Fund gives the green light on the next payout of bailout cash, the IMF said Saturday as it further cut its economic outlook for the conflict-beleaguered nation, The Wall S ...

Daily Headline - global.abi.org - 10/04/2015 - 16:52 - 0 comments

International Financial Institutions Prepare $1 Billion Gas Financing for Ukraine

International financial institutions, led by the World Bank, are patching together a $1 billion financing package to help Ukraine and its energy giant OAO Naftogaz to fill up its natural gas-storage facilities and avoid shortages in the conflict-ridden c ...

Daily Headline - global.abi.org - 09/24/2015 - 21:09 - 0 comments

Kiev Stops Debt Payments, Faces Technical Default

Ukraine says it will halt paying off its external debt on Wednesday, facing the risk of a technical default. The list of non-payments doesn’t include the $3 billion owed to Russia, RT.com reported. The debt to Moscow is due in December which Russia has i ...

Daily Headline - global.abi.org - 09/23/2015 - 21:09 - 0 comments

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