Tom Coupe: What we know about defaulting
People wait in front of a closed bank on Nov. 26, 2014 in the eastern Ukrainian city of Donetsk.
Ukraine is considered to be at risk of defaulting on its debt obligations by rating agencies, Ukrainian government denies that this is realistic. But how bad is it for a government to default? - International experience suggests that defaulting can be part of the measures that are used to get an economy back on track.
