Ukrainian Sovereign Debt - Tumultuous Times for Ukrainian Assets
Ukraine finds itself at an important junction. Recent developments in Kyiv have increased country-related uncertainty, and some of the key stories may culminate this week. The prime minister is considering ousting the finance minister, the IMF has come out against the government's recent decisions related to the Finance Ministry and the Rada is supposed to vote on the creation of an independent anticorruption court. Ukrainian sovereign Eurobonds will react strongly to developments in these stories. Fortunately, we see signs that positive outcomes may prevail.
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