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.