Ukraine seen pushing back debt repayments amid economic struggles


  • World
  • Thursday, 19 Feb 2015

WASHINGTON (Reuters) - Ukraine is likely to push back debt repayments for four years under an international bailout package to give the government more time to get its war-torn economy back on track, a global financial industry group said on Wednesday.

The former Soviet republic, which is on the brink of bankruptcy after a year of political upheaval and bitter conflict with pro-Russian separatists, is set to receive a $40 billion (25 billion pounds), four-year funding package from the International Monetary Fund and other donors.

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