this post was submitted on 30 May 2025
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Ukraine to default on $665 million payment on growth-linked debt (www.bloomberg.com)
submitted 2 months ago by yogthos@lemmygrad.ml to c/worldnews@lemmygrad.ml
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[–] knfrmity@lemmygrad.ml 4 points 2 months ago

Whichever clown creditor decided linking the credit repayment to the growth of a country at war deserves to be defaulted on.

We also need to move back to a time where creditors take about half the responsibility for a loan.