PARIS – The Standard & Poors (S&P) rating agency has downgraded Ukraine’s credit rating to CC, a notch lower than the previous CCC- level, and says the outlook is negative. The agency said, “We would classify …restructuring of Ukraine’s foreign currency debt as tantamount to default.” However, S&P affirmed Ukraine’s long-term local currency sovereign credit...
Previous ArticlePresident Poroshenko dismisses Ambassador Motsyk
Next Article Russia reacts to ban on Soviet symbols