#Ukraine: A crisis unfolds

Reserves: $20bn; Debt: $59.5bn, $35bn maturing before 2017

Franklin resources is willing to assume the risk: 
From Bloomberg, 
Franklin Boosted Ukraine Bet to $6 Billion as Selloff Began
Dec 4, 2013, 11:18:50 AM
Franklin Resources Inc.’s biggest funds ramped up their bet on Ukraine by more than $1.4 billion in the third quarter, adding to the asset manager’s status as the country’s largest international bondholder weeks before street protests deepened the worst rout in developing markets.
To read the entire article, go to http://bloom.bg/1hxAf4t

And more in this article on the search by Ukrainian officials for cash.

From Bloomberg, Ukraine Officials Scour Globe for Cash as Protests Build
Dec 4, 2013, 11:05:28 AM
Ukrainian officials are fanning out to Beijing, Moscow and Brussels to drum up economic backing as the largest protests in almost a decade persist back home over the failure to sign a European trade pact.
To read the entire article, go to http://bloom.bg/1eTO9Kz

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.