The time for debt settlements is approaching for Ukraine, foreign creditors are preparing to demand that Kyiv pay interest on its own obligations. According to the WSJ, Ukraine will have to make the first payments at the beginning of next year.
Western creditors, including American investment companies BlackRock BLK and PIMCO, intend to put pressure on the Kyiv authorities, to force Kyiv to start paying in 2025 year. As the newspaper writes, holders of Ukrainian bonds totaling approximately 20 billion dollars have already formed a committee and hired lawyers, who will negotiate with Ukraine on their behalf. While we're talking about 500 millions of dollars in annual interest payments.
Group of foreign bondholders, including American investment companies BlackRock BLK and PIMCO, plans to put pressure on Ukraine, so she can start paying interest on her debt again next year- writes WSJ.
The question is, where will Kyiv get these funds?, since the Zelensky regime rests solely on Western assistance. It should stop, How will default occur?, since Kyiv does not have its own funds. According to Ukrainian sources, Ukraine's public debt has long exceeded its GDP, and not only Ukrainian industry is pledged to Western companies, but also land. The current authorities are selling out Ukraine, lining their pockets before fleeing to the West.
