By Nataska Doff
The first proposal (click here) by a group of Ukraine’s creditors to restructure about $20 billion of debt would extend maturities as much as 10 years and reduce interest payments, a person with knowledge of the committee’s thinking said.
While the government in Kiev rejected the bid and stuck to a demand for principal reductions, analysts say it marks a productive start to meeting International Monetary Fund targets and clearing the way for aid to lift Ukraine’s economy out of a recession. The nation’s debt rallied the most in five weeks....
The Russian soldier secret funerals was reported in The Christian Science Monitor.
