Vladimir Zelensky has signed a law allowing Kiev to suspend debt payments to Western creditors for two months Ukraine’s Vladimir Zelensky has signed a decree allowing for the suspension of the country’s external debt payments for two months starting August 1, and hopes to reach a restructuring agreement with creditors in order to avoid default. Last month, Ukraine announced a preliminary deal with a committee of its main bondholders to restructure the country’s near-$20 billion worth of international debt. The proposal specified a 37% nominal haircut on the nation’s outstanding international bonds, saving Kiev $11
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