Rus News Journal

Elections will not change a credit rating of Ukraine

Kiev, on March, 28th (JULIA - moskalenko). The international rating agency Standard &Poor ' s (London) does not expect essential influence of results of elections in Ukraine on a credit rating of the country in short-term prospect.

according to agency, it is the most probable that orientation of a political position in the country in the future will be the key factor which will define a credit rating of the country. as the economy of Ukraine is essentially subject to a political situation delay of spent reforms can lead to pressure upon a credit rating of the country - it is told in the agency message.

at the same time the negative factor of influence on a credit rating of the country is decrease in rates of economic growth in 2005 to 2,6 % in comparison with 12 % in 2004, and also a high rate of inflation and rise in prices for gas with
prospect of their growth in 2006.

In May, 2005 S &P has raised a long-term sovereign credit rating of Ukraine under obligations in foreign currency with In + to VV - and a long-term credit rating of Ukraine under obligations in national currency - with In + about one CENTURIES