KIEV (Reuters) - Ukraine offered an updated debt restructuring proposal to creditors on Friday, its Finance Minster said, warning that Kiev would halt debt payments if bondholders did not make use of this "last chance" to clinch a deal in coming talks.
Ukraine is negotiating with foreign bondholders to restructure $23 billion of debt, but talks have soured over a disagreement on the necessity of a writedown on the principal of the bonds.
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