Ukraine Default Analysis In One Neat Chart

UkraineBy United Nations Cartographic Section; Alex Khristov. [Public domain], via Wikimedia Commons

This article first appeared on Floating Path.

What happens next with Ukraine is really anyone’s best guess, but Nomura has attempted to construct a flow chart of possible outcomes. Unfortunately, all roads lead to political uncertainty.

The diagram begins in the upper left corner. On the right side is the approximate timing of events along with the large external repayments that could potentially trigger restructuring.

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