Game Over? Ukraine Announces Partial Halt to Payments on Its Gargantuan Debt

Aug 28th 2024 11:48am EDT

Kiev is notoriously dependent on foreign military and economic support and debt-based spending fueling the NATO proxy war with Russia, with its national debt nearly doubling under Volodymyr Zelensky to over $152 billion. A World Bank official warned this spring that Ukraine could declare bankruptcy in 2025 unless its sponsors bail it out.

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