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NAFTOGAZ OF UKRAINE ACCUSED THE MINISTERS OF THEIR OWN DEFAULT

Naftogaz of Ukraine announced a technical default on July 26. It occurred after the company refused to pay the holders of Eurobonds, despite the expiration of ... ..., the firm received a subsidy of UAH 150 billion (about $5 billion) from the authorities. It was aimed at purchasing natural gas for the upcoming heating season. The firm then noted that only direct financing from the budget would help solve the issue....

Modified: 07.28.2022
Ukraine , gas , Naftogaz , technical default , securities
Path: РусБанкрот - СМИ

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