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Editorial: Le Monde

  • Ukraine is dealing with an economy affected by bombings, destruction of its energy infrastructure, and a massive labor shortage due to the military mobilization and exodus of part of the population
  • Ukraine is renegotiating its sovereign debt with private creditors, including giants such as BlackRock, Pimco, and Amundi
  • The IMF has set the restructuring of Ukraine's debt as a condition for continuing its financial support
  • Current negotiations face problems as to the amount of debt restructuring
  • Ukraine's proposal for a 60% reduction in the value of the debt has been rejected by the creditors

Conclusion: A more generous debt restructuring is essential for Ukraine to access financial markets and secure its economy and defense in the context of the ongoing conflict.