The latest developments regarding Ukraine’s debt restructuring, including a law passed by parliament today which allows the government to renege on payments if needed, are themselves of little significance. But they do indicate that both parties are upping the ante ahead of next month’s deadline for a restructuring deal. As we see it, it is in both parties’ interest to secure a deal, but it looks like negotiations will go right down to the wire and there is a significant risk of an altogether messier outcome.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services