29 October 2016

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The government agreed with the international lenders on the partial cancellation of the external debt

the Default in Ukraine is cancelled. The government agreed with the international private creditors for the immediate cancellation of the external debt. From 19 billion dollars creditors have forgiven 20%. And the return of other 15 and a half billion deferred for 4 years. These arrangements save the country from complete bankruptcy. The government argues that this is the best results for the existing economic situation in Ukraine. However, experts claim - cause for celebration in Ukraine.

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