Ukraine desperately seeks foreign aid
Posted by seumasach on February 24, 2014
The Maidan gunmen will be watering at the mouth at the prospect of $35 billion dollars but of course nothing will be forthcoming. For once the ratings agencies have got it right:
On Friday, ratings agency Standard & Poor downgraded Ukraine’s credit status to two levels above default. “We now believe it is likely Ukraine will default in the absence of significantly favorable changes in circumstances, which we do not anticipate,” said the agency.
24th February, 2014
Ukraine made an urgent call on Monday for $35 billion in foreign assistance over the next two years, following the overthrow of President Viktor Yanukovych on Saturday.
Leave a comment