Ukraine Bonds at 60 Cents Seen Signaling Risk of Default

``Investors are fleeing as central bank Governor Valeriya Gontareva said on Dec. 30 that Ukraine is facing a "full-blown financial crisis" and that its economy probably shrank 7.5 percent in 2014 amid a collapse in the currency and the war with pro-Russian separatists in the country's east. Bond prices are signaling expectations of delayed repayments and possible losses on principal, according to Lutz Roehmeyer at LBB Invest.''