Similar Stories to Embattled Ukraine Fights For Debt Deal On Financial Front on Bing News

Roland Lloyd Parry, Business Insider
Sun, 04/26/2015 - 9:34am

Kiev (AFP) - As government troops face off against pro-Russian separatists, Ukraine is also manoeuvring on the financial front, scrambling to stave off disaster by renegotiating its foreign debts.Kiev's pro-Western government owes billions of dollars to US and London-based investors, among others, as well as Russia, its rival in the current conflict that has pushed Ukraine's recession-hit economy to the brink.The International Monetary Fund has stepped in with a $17.5 billion rescue loan.

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