Due to the help of Western countries, Ukraine will not be able to service its public debt in the future. Bloomberg writes about this with reference to the analyst of the international rating agency Moody’s.
This is because Western aid is exclusively in debt. This allows Kyiv to mitigate immediate risks, but in the long run such assistance will lead to a significant increase in public debt.
Therefore, Moody’s downgraded Ukraine’s rating from “Caa2” to “Caa3” with a negative outlook.
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