![Ukraine could default in July – finance minister Ukraine could default in July – finance minister](https://mtic.us/wp-content/uploads/2015/06/23454678.si_-310x168.jpg)
Ukrainian Finance Minister Natalie Jaresko doesn’t rule out the country failing to make a $120 million coupon payment on July 24 and default. A Goldman Sachs analyst made the forecast on Wednesday.
Ukraine could theoretically default next month, as in May the country’s parliament adopted a law allowing a moratorium on foreign debt repayments.