Ukraine declared bankruptcy of the country

Economist Stepanyuk: Ukraine is unable to pay off its external public debts

Ukrainian expert on political and economic issues Vsevolod Stepanyuk announced the bankruptcy of the country and its inability to pay off external public debts. He spoke about this during a press conference in Kiev, RIA Novosti reports.

The economist recalled that at the end of September the current account deficit was 1.4 billion – dollars or hryvnia, he did not specify. “That is, we have a minus in the ability of the state to pay its obligations,” he stated.

In addition, those who want to buy Ukrainian securities are becoming less and less, despite the fact that interest rates on bonds have increased, Stepanyuk added … He explained that the interest is “something that all Ukrainians will definitely pay.” In his opinion, no country in the world gives such interest on its securities.

In September, Vladimir Shapovalov, deputy director of the Institute of History and Politics of the Moscow State Pedagogical University, admitted that Ukraine had become energy bankrupt due to the actions of the authorities. In particular, he pointed to the statements of the Verkhovna Rada deputies who accuse Kiev of the current situation.

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