Ukraine’s IMF Paymasters Demand Currency Devaluation, Toughened Tax Regime as Kiev Drowns in Debt
Ukraine’s economic crisis is showing early signs of spiraling out of control, with the cabinet of ministers ordering a partial halt to the servicing of the country’s Eurobond obligations last week, and Kiev becoming hopelessly reliant on Western economic and military aid to keep the economy afloat and the conflict with Russia churning.
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