by CBBSS | May 26, 2021 | International News and Analysis
An agreement reached by Greece’s creditors at 2 a.m. Wednesday again kicks the can down the road and signals Athens will continue to need bailouts for decades, an EU Observer piece suggests. Greece’s creditors agreed to release another tranche of bailout...
by CBBSS | May 25, 2021 | Regional News
The BBC reports Greece’s creditors agreed to release 10.3 billion euros in bailout funds to Athens, which the Greek government needs to make debt repayments that are due in July. Eurozone finance ministers also agreed to grant Greece some debt relief, starting...
by CBBSS | Feb 19, 2021 | Regional News
Russia’s Finance Ministry announced this week it filed a lawsuit in the London High Court over Ukraine’s failure to repay a $3 billion loan Moscow issued to the ousted government of Viktor Yanukovych. Kiev plans to prove in court that the loan was actually...
by CBBSS | Jan 1, 2021 | Regional News
Moscow announced Thursday that Russia will sue Ukraine in the London Court of International Arbitration over failing to pay a $3 billion debt, International Business Times reports. Kiev officially defaulted on the debt on Friday. Russia loaned Ukraine $3 billion in...
by CBBSS | Dec 21, 2020 | International News and Analysis
Ukraine defaulted over the weekend on the $3 billion it owes in bond repayments to Russia. Moscow says it will take Kiev to court and that Ukraine has “no chance of winning.” A Bloomberg piece notes a court ruling could end in great embarrassment if a...
