Zelenskyy Excluded Default in Ukraine

Ukrainian President Volodymyr Zelenskyy met with representatives of Germany’s large and medium business in Berlin, where he excluded default in Ukraine, presidential press service reports. / “There will be no default. As President, I will not influence the court or the banking system,” Volodymyr Zelenskyy noted. The Head of State also confirmed Ukraine’s readiness to continue cooperation with the International Monetary Fund (IMF). “We are launching an agreement with the IMF, we will prepare a new program in July,” said the President. He also added that Ukraine intends to continue working with the World Bank and the European Bank for reconstruction and development (EBRD). In addition, the Ukrainian leader invited business representatives from Germany to participate in the Investment Council under the Presidential Administration. “Because the more foreign business is present in this council, the more transparent it is,” the President noted. RBC