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S&P downgraded rating of Kiev

25.12.2014

Standard & Poor's Ratings Services (S&P) downgraded the ratings of Kiev, Dnipropetrovsk, Lviv and Ivano-Frankivsk.

 

This is said in a statement on the agency's website on December 23.

 

Ratings of Ukrainian cities were reduced from «CCC» to «CCC-«.

 

«S & P has revised the ratings of Ukrainian cities - Kiev, Dnipropetrovsk, Lviv and Ivano-Frankivsk. Therefore their ratings were downgraded from «CCC »to« CCC- «with" negative "outlook," - said the agency.

 

25th of December 2014
Following: Forbes