"Bobbing is almost inevitable"

Author:Global Times Time:2022.07.30

According to Agence France -Presse Washington, the S & P Global Rating Company has lowered the long -term debt rating of Ukraine on the 29th, saying that the recently announced delayed debt repaction plan of Wu means that the default is "almost inevitable."

It is reported that after the Ukrainian government proposed to postpone the payment time for all foreign debts 24 months, the S & P company reduced its rating from "CCC+" to "CC".

Data Picture: Ukrainian Central Bank Building (Reuters) (Reuters)

The company's statement says that the outlook for the Black debt rating is still negative, which "reflects our point of view, that is, Ukraine is likely to implement its debt restructuring plan, we think this is equivalent to debt defaults."

The report pointed out that last week, some Western countries had a green light on the request of delayed repayment of debt payments on Kyiv, and called on other creditors to do this.

These governments say that delayed debt repayment will enable Ukraine to give priority to providing funds for war.

Source: Reference message

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