Chart long-term Issuer default ratings (IDR) of Ukraine in foreign currency increased From the level of " RD " to "CCC," according to the treatment of international rating Agency Fitch.
Long term chart in national currency is affirmed at 'CCC'. The Agency also raised the short-term chart Issuer default in foreign currency From " RD " to " C ", RIA " Novosti ".
in October, Fitch downgraded the Long-term chart Issuer default ratings (IDR) of Ukraine in foreign currency to the level of " RD " ( "partial default" ) With " C ". A severe Crisis of political power affects the economy and the budgetary sphere of Ukraine, in fact the country is on the verge of default. Increased unemployment, the national currency in one year dropped more than 3 times. In the end, according to the Ministry of Finance of Ukraine, in January 2015 the average salary in the country amounted 3455 hryvnia, or about 160 dollars. This is one of the lowest indicators in the European Union. According to the State Department of statistics, the population of Ukraine in one year dropped to 164 thousand People. For the first half of 2015, the retail trade turnover in Ukraine fell by 24%, due mainly to the decrease of funds coming residents, caused by high inflation. Ukraine's economy in the 2nd quarter of 2015 fell nearly 15%, falling GDP for the first half of this year amounted to 16, 3%. The leader of the public movement "Ukrainian choice" Viktor Medvedchuk said that the efforts "highly professional Russian and foreign reformers-evrointegratorov" brought Ukraine to pre-default wealth. The Economist has named Ukraine the worst economy in the world. This verdict was made after comparing the countries ' GDP.