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Ukraine defaults on Russian $3bn bond - Bloomberg

Discussion in 'Market News' started by ForexLive, Dec 18, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Merry Christmas Putin - Ukrainian PM Yatsenyuk announces moratorium on Russian bond - Moratorium includes $507m of corporate debt - Wants a deal on tax codes and budget by Thursday Wildly expected and there will be pressure on Ukraine from the IMF as the default breaks their rules. Lagarde will probably have something to say if she's not rattling around a French jailhouse ;-)

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