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Past precedents suggest Russia could become liable for a share of Ukraine's bond repayments, says Austrian finance ministry's Waiglein
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The missed payment will not trigger cross-default but that may not be far off
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The expiry of Ofac's Russia debt payment licence means default is likely by the end of June
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A licence allowing Russia to pay foreign investors will likely expire at the end of the week
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Ukraine still plans on meeting all debts to foreign investors
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Investors not ready to return to CEE, but long-term potential is promising
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Migration of young, highly skilled Ukrainians brings long-term hopes
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Russia's bond payment in dollars last week has put the ball firmly in the West's court
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The sovereign has caught investors by surprise after making dollar payments
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Western lenders had planned to stand by Russia until the invasion of Ukraine in February
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Countercyclical buffer changes on hold as Europe anticipates invasion shock
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Sanctions against Russia will interfere with the normal procedures after a default, say lawyers