Ukraine agrees 'win-win' debt restructuring deal

Finance minister hails ‘collaborative’ agreement that sees some of country’s debt written off in exchange for higher interest on outstanding loan
Ukraine has secured a 20% writedown on $18bn (£11.6bn) of its foreign debts in a deal its finance minister described as win-win for the war-torn country. Kiev’s agreement with its largest creditors is an attempt to stabilise government finances after more than a year of fighting on its eastern border that has brought the c