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31 July 2024

Ukraine’s Other Problem: Spiraling Debt

Cameron Abadi

Ukraine owes billions of dollars to private creditors, and the bill for some of those debts will come due on Aug. 1, when a two-year suspension of Ukraine’s debt payments is scheduled to expire. Even after a restructuring deal was agreed to this week, Ukraine could still find itself in default, adding significant legal and economic troubles at a time of war.


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