Ukraine Lobbies Lawmakers as Debt Vote Said to Risk Failure
- Parliament set to vote on restructuring accord on Thursday
- Failure to approve deal this week risks triggering moratorium
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Ukraine’s government has stepped up last-minute lobbying because of growing concern that lawmakers won’t back an accord to restructure $18 billion of foreign debt.
Government officials have met with ruling and opposition parties before a vote Thursday that’s supposed to give final approval to the debt deal, according to Prime Minister Arseniy Yatsenyuk. There are risks that the legislation will fail, according to a person familiar with the restructuring, who asked not to be named because the details are private. Another person familiar with the situation put the chances of approval at 50-50.