Ukraine's deteriorating economic outlook is increasing the likelihood of a default that could saddle bondholders with losses of about 50 percent, according to Goldman Sachs Group Inc.
Bloomberg: Goldman says Ukraine creditors could see 50 percent loss in a default
After expencing double-digit growth from 2010-2013, the nation's $92 billion retail market contracted by 15 percent in the first half of the year over uncertainly related to the military conflict in eastern Ukraine, economists say.