Biden seeks to cancel over $4.5 billion of Ukraine's debt
kyivindependent.com
"We have taken the step that was outlined in the law to cancel those loans, provide that economic assistance to Ukraine, and now Congress is welcome to take it up if they wish," U.S. State Department spokesperson Matthew Miller said on Nov. 20.
    • MrMakabar@slrpnk.netEnglish
      7·
      12 days ago

      The debt Biden canceled was own to the US government. So this would have been good for Ukrainian bonds, as it makes them more likely to be paid back.