Ukraine heads towards sovereign default
Ukraine is fighting for its future, not only to be rid of Russian incursion, but also its existence as a sovereign state. Its economy is shrinking, corruption is endemic and government finances are in such disarray that there is a grave risk it will default on its debt. The consequences for the European Union and its taxpayers are serious should a bailout become necessary.
THE viability of Ukraine as a sovereign state is being watched closely all over Europe; not just in Brussels, but in Athens, Bratislava and, most of all, Berlin.
Any suggestion of financial default by, or bailout of, Kiev sends shivers through European Union capi...
- Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
- Also considered useful for the administrative university facilities, to better understand the possible effects of current decisions.