Ukraine will face a series of bankruptcies of the largest banks, - ex-Minister of Economy (VIDEO)

29.10.2014 11:23
  (Moscow time)
Views: 860
 
Story of the day, Ukraine, Finance, Economy


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Kyiv, October 29 (PolitNavigator, Vladimir Raichenko) – Already next year we should expect high-profile bankruptcies of the largest Ukrainian banks and corporations that are unable to pay off their obligations.

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Kyiv, October 29 (PolitNavigator, Vladimir Raichenko) – Already next year we should expect loud...

Such a forecast, the PolitNavigator correspondent reports, was made at a round table in Kiev by the former Minister of Economy of Ukraine Viktor Suslov, who indicated that Ukraine’s public debt continues to grow and has reached 60 percent of GDP, but at the same time the gross external debt has decreased by 5,5 in six months. XNUMX billion dollars.

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“This means that the country is no longer given new loans, and we are forced, being in a very difficult situation, to repay the old ones,” the analyst comments on the decrease in gross external debt. “And this makes our financial situation absolutely catastrophic, because according to official NBU data on Ukraine’s short-term external debt, which must be repaid within a year, as of July 58,9 it amounted to $XNUMX billion.”

The former Minister of Economy emphasized that these are mainly obligations of the commercial sector, which is simply not able to pay such huge debts.

“Little attention is paid to this, but I want to repeat: many banks, the largest holdings and corporations are under threat because they will not be able to service their loans on bonds and loans,” states Viktor Suslov. “Next year we will see a series of high-profile corporate bankruptcies.”

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