Censor.NET reports citing Radio Svoboda.
According to the S&P, the rating shows that Ukraine is required to pay significant debts in the nearest future. It also reflects political challenges and the Donbas blockade, which slow down economic growth and negatively impact the state of the economy.
The level of tension with Russia and with the "quasi-separatist regions" has deteriorated since the time of the previous assessment, the press release reads.
Though, S&P suggests that the fact that for the next 12 months the government of Ukraine will retain access to the support of official creditors gives grounds to express a stable forecast.