Browsing: Ukraine

Ukraine downgraded to ‘selective default’

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S&P Global Ratings has lowered Ukraine’s credit rating to ‘selective default’ after Kiev missed an international bond payment earlier this week as it seeks a major debt restructuring. 

Fitch downgrades Ukraine further into default zone

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US-based credit rating agency Fitch has warned of an imminent default in Ukraine, announcing in a statement on Wednesday that it had further downgraded Kiev’s credit rating. 

Gas supply by Gazprom for Europe through Ukraine totals 42.4 mcm via Sudzha

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Gazprom supplies gas for Europe through Ukraine in the volume of 42.4 mln cubic meters per day via the Sudzha gas pumping station in Russia’s Kursk Region, a Gazprom representative told reporters, adding that the request for pumping via the Sokhranovka gas pumping station has been rejected by the Ukrainian side.

Ukraine writes off billions in debt

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Ukraine has reached an agreement in principle with a group of foreign investors to restructure its $20 billion debt, as Kiev tries to retain access to international markets, the government has announced.