Rantburg

Today's Front Page   View All of Sun 05/25/2025 View Sat 05/24/2025 View Fri 05/23/2025 View Thu 05/22/2025 View Wed 05/21/2025 View Tue 05/20/2025 View Mon 05/19/2025
2024-08-04 Economy
MEP says Ukraine's credit rating will yield catastrophic results
Direct Translation via Google Translate. Edited.
[Regnum] After the downgrade of Ukraine's credit rating, the European Union faces catastrophic costs, said MEP Thierry Mariani.

"Europeans realize that the colossal aid provided to Ukraine in the form of loans will never be repaid. The financial costs will be catastrophic," the parliamentarian wrote on the social network X (former Twitter).

As reported by the Regnum news agency, the international agency Standard & Poor's (S&P) has lowered Ukraine's credit rating to the level of "selective default".

The leader of the French Patriots party, Florian Philippot, said that Kiev will be forced to ask the West for increased financial support after the downgrade of Ukraine's credit rating.

The politician noted that a rating downgrade could become one of the reasons to stop financial assistance to the Kyiv regime and begin negotiations with Moscow.

Posted by badanov 2024-08-04 00:00|| || Front Page|| [11135 views ]  Top

#1 
Posted by DooDahMan 2024-08-04 02:39||   2024-08-04 02:39|| Front Page Top

#2 They thought they were loaning money to Ukraine? That’s like loaning crack to Hunter Biden. Actually, that’s sort of what they were really doing in part.
Posted by Super Hose 2024-08-04 11:18||   2024-08-04 11:18|| Front Page Top










Paypal:
Google
Search WWW Search rantburg.com