Ukraine Debt Deal With Russia Still Possible, Finance Chief Says

  • German-mediated talks continue over defaulted $3 billion debt
  • Meeting between finance ministry officials possible soon
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Ukraine may still reach an agreement with Russia on $3 billion of debt it defaulted on last month as talks mediated by Germany continue, Finance Minister Natalie Jaresko said.

Officials from the two sides’ finance ministries may meet “in the near future” after their lawyers negotiated last month, Jaresko said Saturday in an interview in Davos. The next round may be among lower-level representatives if scheduling conflicts prevent the ministers from attending, she said.