Contents tagged with Ukraine's debt
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S&P: Ukraine to pay $20 billion of state debt by 2020
According to the assessment of experts from Standar & Poor’s, Ukraine must pay $20 billion of state debt by 2020.
The agency notes that the large payments of the principal debt and interest on it in 2017-2020, amounting to more than $20 billion (nearly 21% of the GDP in 2017) is the primary negative rating factor for Ukraine.
“We expect Ukraine to completely fulfill its short-term obligations regarding sovereign debt in 2017 ($2.7 billion) and in 2018 ($3.9 billion), taking into account the …