Wednesday, August 5, 2015

The Next Financial Crisis: Ukraine

Ukraine is willing to postpone a debt restructuring meeting with a bankster creditor group to early next week but sees this is as the "last opportunity" to reach a deal, the finance ministry says.

"Failure to reach an agreement ... early next week would force Ukraine to implement alternative options for financing its IMF-supported program," it said in a statement.

Alternative financing options? Prepare for another Greek tragedy.

  -RW 

1 comment:

  1. Those poor provinces that seceded from Ukraine. They're gonna miss all the fun.

    ReplyDelete