UK urged to protect Ukraine from legal action over private debt default
Kyiv shouldnβt have to fight βshameless bondholdersβ as repayment deadline nears, say campaigners
Campaigners are urging Britainβs new Labour government to prevent Ukraine being sued in the UK courts if the country defaults on its debts to private creditors.
Debt Justice said a two-year suspension of Ukraineβs debt payments was scheduled to expire on 1 August, and that action was needed to protect Kyiv from the possibility of legal action from its creditors.
Continue reading...Β© Photograph: Stefan Rousseau/PA
Β© Photograph: Stefan Rousseau/PA