The challenge for Ukraine's banking system is to absorb significant new sovereign debt and the potential inability to access international markets, Moody's said. Bloomberg
The challenge for Ukraine's banking system is to absorb significant new sovereign debt and the potential inability to access international markets, Moody's said. Bloomberg

Business

Economy

Moody’s cuts Ukraine’s credit rating to the third-lowest level as war raises debt

A more protracted military conflict would keep financing needs very high for a prolonged period, the credit rating agency said

Alvin R Cabral
Alvin R Cabral

May 21, 2022

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