Skip to content

Ukraine Latest: Russia Faces Deadlines on Bond Payments

Debris and destroyed cars in Lysychansk, Ukraine.
Debris and destroyed cars in Lysychansk, Ukraine.Source: LightRocket
Updated on

Russia faces yet another bond payment test this week, with just days remaining before it potentially slides into its first foreign default in a century. Interest transfers totaling almost $400 million are due Thursday and Friday.

European Union leaders plan to grant candidate status to Ukraine after intense lobbying by President Volodymyr Zelenskiy. The formal move will come at the bloc’s summit in Brussels starting Thursday.