Ukraine is at "minimal" risk of defaulting on its debt repayments, according to a official in the country's recently-appointed government, despite a currency in freefall and an apparent $15-billion black hole in its bailout from the International Monetary Fund (IMF).
Russia's War Against Ukraine
CNBC: Only ‘minimal’ risk of default: Ukrainian official (VIDEO)
\"The risk of default is minimal,\" Dmytro Shymkiv, deputy head of presidential administration in the recently formed Ukrainian government, told CNBC, arguing that 95 percent of the country was not suffering as a result of the military conflict in the east of Ukraine.