Jul 22, 2022 | Politics

Zelensky Government Can’t Repay Its Foreign Debts, Signals Intent to Default

Zelensky Government Can't Repay Its Foreign Debts, Signals Intent to Default

Western governments have funneled over $100 billion to Ukraine in the war effort against Russia.

A significant portion of the money to prop up the corrupt Ukrainian regime came at the expense of U.S. taxpayers.

Yet, Kyiv is still counting on Ukraine’s central bank to buy its debt by selling foreign reserves or printing money.

“On Wednesday, Ukraine finance ministry asked foreign creditors to accept a delay in its debt repayments, requesting a two year freeze on billions of dollars in Eurobonds,” according to the Ron Paul Institute for Peace and Prosperity.

If it wasn’t already…

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