What happened? Ukraine has carried out restructuring of external commercial debts. Ukraine has agreed with investors to freeze all payments for two years. And investors agreed to it. It is quite clear for investors why Ukraine does not have money for debt service during the war, when the economy falls by 30%. Moreover, investors would be very surprised if Ukraine continued to serve debts in such a situation. It would not be rational. And silly.
Ukraine really received a temporary rating at the default level. But it was a technical step of rating agencies. And very soon they will take the next step and remove Ukraine from their rating default. Because the restructuring was quickly and not painful. Usually not paying debts is a bad idea. Because it destroys trust. And trust is the most expensive in the modern world. Therefore, it was very bad in the pre -war time not to pay for their debts.
Therefore, this idea was so active and promoted by Russian agents and Kolomoisky. It would be very bad for Ukraine's economy. But now trust is not destroyed. Because Ukraine has sufficient reasons for restructuring. We understand that. Investors understand this. Therefore, when the war is over, Ukraine will return to the financial world. And this temporary rating at the default level will not be a major problem in relationships with investors. Although certain technical problems will create.
But these are the minimal problems that cannot be avoided as a result of military aggression. Ukraine in default. Russia in default. Is there a difference? So. First of all, it will take several days and weeks and the rating of Ukraine will return to a default level. It was a purely technical step of rating agencies that could not ignore such an event. But Russia has not agreed with creditors. Russia has been in default for several months. And it will stay in it for a very long time.
Secondly, Ukraine has retained the trust of investors. And Russia was primarily in the moral default, and then in technical. Therefore, they are raging in Moscow. Because they know about their condition. Therefore, they shout about default in Ukraine. Therefore, they shout right now that the Ukrainian economy is destroyed. Although the Ukrainian economy is gradually recovering even during the war. But Russian degrades. Well, let them be.
The louder the propaganda makes in the swamps, the more we understand that everything goes very much in the plan. Are Ukraine have financial problems? So. Enough. Through Russian aggression. And they will continue until Russian soldiers get away from Ukraine. And so, indeed, we need a constant help of the event. But the chip is that we have this help. But in Russia there is no. And they know it. They understand that Iran and North Korea will not help to overcome the economic crisis.
Všetky práva vyhradené IN-Ukraine.info - 2022