WASHINGTON (Reuters) - Ukraine is holding "preliminary" talks with creditors on a possible restructuring of its foreign currency debts, an official from an international finance association said on Thursday following recent meetings with Ukrainian officials.
The discussions underscore the severity of Ukraine's financial woes even after receiving $27 billion (15.8 billion pounds) in loans from the International Monetary Fund and nations including the United States. The loans are aimed at propping up Ukraine as it reforms its economy and struggles with an armed rebellion.