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“ Ukraine has asked its foreign creditors to defer payments on all external debt for 24 months ,  ” S&P said in a statement. " Following this request, we believe that a default on sovereign debt in foreign currencies is a virtual certainty  " , interprets the rating agency.

Since the invasion of its territory on February 24 by Russia, which occupies about a quarter of it, Ukraine has been plunged into security chaos, and therefore economic and financial chaos with the massive exodus of citizens, the cessation or conversion of its enterprises into war production. The World Bank says it predicts a fall in Ukraine's GDP of 45% in 2022. The Bloomberg economic agency estimates that Ukraine's payment deferral measures would save Kyiv at least $3 billion over two years.

https://www.latribune.fr/economie/intern...27359.html