default

Lawmaker predicts technical default, "apocalyptic scenario" for Ukraine in 2021

He predicts that economic problems in the country will aggravate by September 2021.

14:45, 18.11.2020

Zelensky: Default looming if Ukraine's parliament fails to pass two "vital bills"

The president says this is now lawmakers' responsibility.

22:15, 29.03.2020

Option of default off the table – Zelensky's spox

The president hopes that MPs at their upcoming extraordinary meeting will vote for the required legislative initiatives to support businesses, vulnerable segments of the population, as well as highly important reforms in the banking and agricultural sectors.

21:20, 27.03.2020

National Bank expects positive decision on new IMF program for Ukraine, sees no reason for default

The IMF program will open the way to co-financing from the European Commission and the World Bank.

16:59, 27.03.2020

Ukraine's envoy to IMF outlines negative economic consequences in case of default

The default will trigger devaluation, inflation, bankruptcy, empty stores, raids on banks, social protests, street violence, looting, and international isolation.

14:50, 26.03.2020

No default or major hryvnia collapse expected in Ukraine over quarantine – expert

The expert noted that Ukraine had already experienced the economic crisis in 2014-2016, and this time it won't be worse than back then.

14:50, 16.03.2020

Leading think tanks call on Ukrainian authorities to prevent default

Economists recalled that this year Ukraine is set to pay off US$7 billion to domestic investors and almost the same amount to external ones.

11:05, 16.03.2020

Central bank sees no prerequisites for default in Ukraine

NBU governor says the option of default is off the table today.

20:10, 12.03.2020