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Economy
MEP says Ukraine's credit rating will yield catastrophic results
2024-08-04
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

#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  

#1  
Posted by: DooDahMan   2024-08-04 02:39  

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