Ukraine goes head-to-head with creditors for last ditch deal


  • World
  • Wednesday, 12 Aug 2015

KIEV/LONDON (Reuters) - Ukraine and a group of its largest creditors will meet on Wednesday for make-or-break talks that look highly unlikely to deliver an amicable deal to restructure $19 billion of debt.

The often bitter negotiations have dragged on for five months, snared on whether the bonds' face value should be written down. Kiev says it will halt debt payments if an agreement is not reached this week.

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