Russia's War Against Ukraine
OP-ED
Lombardi and Eichengreen: Ukraine’s debt dilemma
An office of a currency exchange in Kyiv, Ukraine on Nov. 11, 2014.
CAMBRIDGE -- Insecurity is haunting Ukraine - and not just geopolitical insecurity, but economic insecurity as well. Output is in freefall. The country's external deficit is exploding, and borrowing costs have spiked precisely as financing has become imperative.
