Tuesday, March 16, 2010

Ukraine's short-term expenses

Bloomberg provides us with future expenses that Ukraine has to undergo in April:
  • pay Russia $700 million next month for its natural gas consumption 
  • pay $748 million obligation to cover domestic debt coming due
 These payments should be done under no state budget for 2010 yet approved and no financing from IMF forthcoming. We don't think that there is a risk of non-payment, however, the situation is quite tough for the new governmnet.

No comments:

Post a Comment

 
http://www.blogger.com/html?blogID=6885951565055517224
Top Blogs Finance