Moody’s downgraded the ratings of Kiev and Kharkov
Long-term ratings of Kiev and Kharkov downgraded to " Ca "from" Caa3 with a negative prediction, according to a report by the rating Agency Moody’s.

Long-term ratings of Kiev and Kharkov downgraded to " Ca "from" Caa3 with a negative prediction, according to a report by the rating Agency Moody’s.
The decision to downgrade the ratings of Ukrainian cities followed the downgrade of the long-term sovereign credit ratings on Ukraine to " Ca ", reports news Agency. Yesterday the international Agency Moody's downgraded the long-term chart of the sovereign bonds of Ukraine "Caa3" to " Ca " with a negative prediction. The Minister of economy of the country aivaras abromavicius in this regard, said that Ukraine is going through a period of economic difficulty, but has hopes to return to financial markets in 2017. on 25 March, the European Parliament voted in favour of the allocation of Ukraine of the 3rd package of financial assistance in the amount of 1, 8 billion euros in the form of loans of up to fifteen years. March 12 international monetary Fund Ukraine sent 1st tranche of financial assistance in the amount of 5 billion dollars, only this year it will be allocated 10 billion Allocated money cannot be used for social purposes, they will go to pay off the public debt of the country. International monetary Fund believes that the decline of the economy of Ukraine in 2015 will amount to 5, 5%. In addition, the IMF Experts believe that in 2015 Ukrainian exports will fall on the background of the overall deterioration in the trade. The IMF predicts the rates of inflation in Ukraine in 2015 at the level of 2014, assuming a price increase of 25%.
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