Igor Kolomoisky, the oligarch media backer of President Zelenskiy, says Ukraine’s new government should break with the IMF program and default on its foreign debt.

Monday, May 27, 2019
Igor Kolomoisky, the oligarch media backer of President Zelenskiy, says Ukraine’s new government should break with the IMF program and default on its foreign debt.

Igor Kolomoisky, the oligarch media backer of President Zelenskiy, says Ukraine’s new government should break with the IMF program and default on its foreign debt. “In my opinion, we should treat our creditors the way Greece does…That’s an example for Ukraine,” the Dnipro-based industrialist tells the Financial Times in an interview. “How many times has Argentina defaulted?” he asked Max Seddon, a visiting Moscow-based reporter. “So what? They restructured it. It’s fine.” Addressing the West, he said Zelenskiy can play a geopolitical trump card: “This is your game, your geopolitics…You don’t care about Ukraine. You want to hurt Russia, and Ukraine is just an excuse.”

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President Zelenskiy’s economic advisors spent Monday slapping down Igor Kolomoisky’s suggestion that Ukraine follows Greece or Argentina by reneging on paying on its foreign debt.

President Zelenskiy’s economic advisors spent Monday slapping down Igor Kolomoisky’s suggestion that Ukraine follows Greece or Argentina by reneging on paying on its foreign debt.

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