Thread Rating:
  • 37 Vote(s) - 2.46 Average
  • 1
  • 2
  • 3
  • 4
  • 5

Ukraine On Verge Of Default (Finance )
#1
Deal 
 x 0 
image

Despite an ostensible ceasefire between Ukraine and Russia, low level fighting continues between the Eurasian rivals. But Ukraine is about to open up a second, potentially more dangerous, front in this conflict–this time with its foreign creditors.


On Tuesday, the Ukrainian Parliament passed a bill that would allow the government to default on payments to foreign creditors, amid negotiations to restructure its increasingly unsustainable debt.

So, does this mean that the Ukraine is going bankrupt? Most outside analysts agree that Ukraine can’t pay back what it owes. But as we know from the situation in Greece, just because everyone agrees a country can’t make good on their debts doesn’t mean it will default.
"Nothing strengthens authority so much as silence"
Reply


[-]
Quick Reply
Message
Type your reply to this message here.


Disable AutoMedia embedding for this link.   MP3 Playlist

Please select the number: 6
1 2 3 4 5 6 7 8 9 10

Possibly Related Threads...
Thread Author Replies Views Last Post
Deal Finance Wall Street Bets On 75% Chance Of Greek Default rezz 0 244 06-20-2015, 06:33 PM
Last Post: rezz
  World News ALERT!: A NUKE Just Went Off In Donietsk UKRAINE!!!! Olaf 4 482 02-09-2015, 10:02 AM
Last Post: rezz
Devil World News Hollande, Merkel go to Moscow to discuss Ukraine without consulting US? rezz 1 313 02-07-2015, 09:31 PM
Last Post: rezz
Stirthepot World News US Military Heading To Ukraine rezz 0 250 01-24-2015, 07:04 PM
Last Post: rezz
Mad World News Russia’s Nuclear Weapons In Ukraine? rezz 0 284 01-24-2015, 05:52 PM
Last Post: rezz



Users browsing this thread: 1 Guest(s)
Language:
Theme: