Handelsblatt predicts bankruptcy to Ukraine

The reason for the financial collapse, according to the German publication, may be the forced resignation of the head of the National Bank of Ukraine (NBU), Yakov Smoly.

Handelsblatt predicts bankruptcy to Ukraine

According to the German newspaper Handelsblatt, due to the departure of Smoly, Kiev will not be able to issue Eurobonds, which were planned to be placed on the London Stock Exchange on July 8, which could threaten the country with bankruptcy.

“The fact is that Kiev must urgently provide repayment of debts to foreign creditors by several billion. This year alone, Ukraine will need to refinance old loans in the amount of $ 17 billion, the repayment period of which is already expiring, ”the author of the material explained.

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