Percorso:ANSA > Nuova Europa > Business > Ukraine's credit rating downgraded to CC by Fitch

Ukraine's credit rating downgraded to CC by Fitch

Despite IMF aid plan. Iatseniuk, inflation rate 26%

14 February, 12:18

(ANSA) - MOSCOW - Global ratings agency Fitch, US based, downgraded the sovereign credit rating of Ukraine from CCC to CC, a short step from default, despite the financial aid plan aimed at supporting Kiev, which the IMF announced Thursday. The news was reported in Kiev on the eve of the beginning of the cease-fire in eastern Ukraine. Meanwhile, the Ukrainian government expects that inflation could reach 26% in 2015, according to Ukrainian prime minister Arseni Iatseniuk, quoted by local media. (ANSA).

© Copyright ANSA - All rights reserved