Send to Kindle
Credit rating agency Standard & Poor's has upgraded Ukraine's financial outlook from "negative" to "stable".
Just Tuesday, Ukraine received from Russia the first installment USD 3 B of a planned USD 15 B loan in the form of a sovereign bonds purchase.
The rating agency has explicitly connected the upgrade with the loan, saying it believes the funds will cover Ukraine's need for external financing for the coming 12 months.
End of 2013 Ukraine was considering an IMF loan and financial assistance from the EU, in the end scrapping them as economically and financially unfavorable.
This also involved freezing the expected signing of an Association Agreement with the EU, something that has led to massive protests in Kiev and other major cities throughout December.
While many Ukrainians believe that the move would lead to ever closer ties with Russia, Ukrainian leaders have said they will continue reforms and negotiations with the EU.
Ukraine's credit rating according to S&P is B-.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
CIA Director William Burns has issued a stark warning, asserting that Ukraine may face defeat in its war against Russia by the end of this year if the United States does not step up its military assistance
EU Commissioner for Home Affairs Ylva Johansson conducted an inspection of border control measures at Sofia Airport, marking a significant step in Bulgaria's accession to the Schengen Area by air
A Russian airstrike on the city of Dnipro in central Ukraine has resulted in the loss of at least eight lives and left 21 individuals wounded
Ukraine's military announced the destruction of a Russian Tu-22 strategic bomber, allegedly involved in nighttime airstrikes targeting Ukrainian cities
In a notable shift of tone, former President Donald Trump acknowledged the significance of Ukraine's survival to the United States
Ukraine's defense industry is embarking on a comprehensive overhaul of Bulgarian armored personnel carriers (APCs), which are slated to be deployed to the frontline in the near future
Sofia, the vibrant capital of Bulgaria, is experiencing a surge in its economic landscape, surpassing the average European standard of living, according to senior researcher Peter Ganev from the Institute for Market Economics
Mounting uncertainty looms over Bulgaria's anticipated entry into the Eurozone, with officials cautioning that the prospect may be delayed amidst persisting inflation challenges
According to the latest data released by the National Statistical Institute, Bulgarian household incomes experienced a remarkable surge in 2023, reaching an average of BGN 10,846 per household member.
The National Statistical Institute's latest report unveils a marginal annual increase in the income of Bulgarians in 2023 compared to their expenses, marking a reversal of the trend observed in 2022
In a recent interview on Nova TV, former Minister of Economy Bogdan Bogdanov expressed skepticism regarding Bulgaria's prospects of entering the Eurozone at the outset of 2025
The path to Eurozone accession for Bulgaria may see a significant milestone in 2025, albeit not at the outset of the year, according to Dimitar Radev, the governor of the Bulgarian National Bank (BNB)
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
