High-level Ukraine debt talks postponed, technical discussions continue - source


  • World
  • Thursday, 23 Jul 2015

Ukrainian Finance Minister Natalia Yaresko (R) and Prime Minister Arseniy Yatseniuk attend the Ukraine Business Forum in Washington July 13, 2015. REUTERS/Yuri Gripas

KIEV (Reuters) - Debt restructuring talks between Ukraine's Finance Minister and a group of its largest creditors did not take place as planned on July 22 as technical aspects needed to be discussed, a source with knowledge of the negotiations said on Thursday.

Negotiations to restructure $23 billion (£14.8 billion) of debt have dragged on for over four months due to disagreement over the necessity of a writedown on the principal of the bonds.

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