Talks to Rework Ukraine $20 Billion Debt Fail to Yield Deal.

DEBT; INVESTORS; CONTRACTS; FINANCIAL planners; DEBT relief; BONDS (Finance)

Ukraine's talks to restructure its $20 billion debt have failed to yield a deal as creditors resist the country's proposal for debt relief. Ukraine is seeking larger losses from debt holders to finance its defense efforts against Russia and prepare for reconstruction after the war. The International Monetary Fund's approval of a preliminary agreement with Ukraine will provide a clearer picture of economic growth and debt estimates. The talks began two weeks ago, and Ukraine's dollar debt has been among the worst performers in emerging markets. [Extracted from the article]

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