Skip to content
Edit post

S&P downgrades Ukraine's credit rating as default becomes ‘virtual certainty.'

by The Kyiv Independent news desk July 30, 2022 11:48 AM 1 min read
This audio is created with AI assistance

S&P Global Ratings downgraded Ukraine from CCC+ to CC, meaning a negative outlook, after officials asked foreign creditors for permission to delay payments on its external debt. “We believe it is virtually certain that the Ukrainian government will stop payments on at least some foreign debt as currently documented,” S&P said on July 29.

News Feed

1:29 PM

Zelensky arrives at NATO summit in The Hague as Netherlands pledges new aid.

Welcoming Zelensky at the Catshuis official residence, Schoof presented a new military aid package for Ukraine, including 100 drone radar systems, front-line vehicles for evacuating the wounded, and 80 million euros (over $90 million) for the drone initiative. The Netherlands will also start producing drones for Ukraine, according to Ukrainian specifications.
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Explaining Ukraine with Kate Tsurkan
* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.