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Chinese rating agency Dagong doubts Ukraine can repay debt using internal resources

The political situation in the country, the state of affairs in the society and the war adversely affect the economy and hence the ability to repay debts

© AP Photo/Emilio Morenatti

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Conflict in eastern Ukraine costs $5-10 million dollars a day

BEIJING, February 4. /TASS/. Chinese rating agency Dagong has warned about risks of Ukrainian government debt restructuring.

"I believe Ukraine has no sufficient potential to repay the debt using internal resources. Borrowings were made subject to political trends and in conditions of economic instability inside the country. The political situation in the country, the state of affairs in the society and the war adversely affect the economy and hence the ability to repay debts, Therefore the state of affairs in Ukraine triggers our concerns," the president of Dagong Guan Jianzhong said on Wednesday.

He added the political influence on the economy "can hardly be mitigated" in the near term.

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Putin’s recent statements reflect long-standing policy, expert says

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West launched missiles targeting Russia’s Bryansk, Kursk Regions — Putin

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Oreshnik test aims to persuade West to avoid escalation in Ukraine — media

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US missile defense base in Poland long among Russian army’s targets — Foreign Ministry

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North Korean leader warns of growing risk of nuclear war — KCNA

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Zelensky fine with conflict continuing due to Western help — Slovak PM

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Western air defense systems unlikely to intercept Russian missiles — France’s Le Monde

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Lukashenko tells Putin situation is "starting to get tense with Wagner"

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NATO enters conflict, Russia has every right to attack its targets now — expert

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Tehran to launch new centrifuges in response to IAEA anti-Iran resolution — statement

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Weapons supplied to Ukraine cannot reach Russian territory, Spanish defense minister says

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Press review: Russia fires missile at Ukraine plant and Biden forgives Kiev $4.65 bln debt

Top stories from the Russian press on Friday, November 22nd

Russian troops destroy Ukrainian fortification in LPR’s Makeyevka, strengthen positions

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US journalist calls US President Joe Biden’s government 'the fascist state'

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Russia fires ballistic, non-nuclear-tipped missile at Ukrainian aerospace plant — Putin

According to the president, the missile is code-named Oreshnik, which can roughly be translated as hazel bush

Russian forces cut off key Ukrainian supply route in Velikaya Novoselka, DPR

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