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Emerging MarketsEM CEE

Whoops! Lukashenko shanks it sparking Belarus sell-off before ministry admits mistake

Comments from Belarus’ president Alexander Lukashenko that the country may hold debt restructuring talks this year, sent Belarus’ 2015 Eurobond crashing 26 cash points. However the Ministry of Economy later clarified that Belarus fully intends to service its debt and that the president had accidently said restructuring when he meant to say refinancing.

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