Ukraine took the third place in the list of countries most likely to default according to the Agency Bloomberg, Greece and Venezuela took first and second places respectively.
In the calculations, the Agency took into account the political risks, economic growth, and the amount of outstanding debts, reports TASS.
“The probability of default in Ukraine next year is estimated at 17.8%. Tense relations with Russia, and also the long-running conflict in the Eastern part of the country adversely affected the economy of Ukraine”, – said the Agency.
Among other risk factors the Agency notes the uncertainty around the program of the International monetary Fund (IMF).
Ukraine is experiencing a severe economic and political crisis that the country was on the brink of default. The country recorded a record decrease in the level of life satisfaction, in 2015, it has fallen to four points on a 10-point scale. The number of those who consider themselves poor, for the year exceeded 72%.
The fall of Ukraine’s economy by the end of 2015 accounted for 10%, industrial production declined by 13.4%. In addition, the International rating Agency Fitch Ratings downgraded forecasts of economic growth of Ukraine by the end of 2016, reducing them to 1% of GDP.
Mining operations in the country in 2015 decreased by 14.5%. Food production fell by 11.2% in the metallurgical industry the production decreased by 16.4%, in engineering – 14.6%. Retail trade turnover decreased by 20.7%.
The leader of the public movement “the Ukrainian choice” Viktor Medvedchuk said that the efforts “highly qualified domestic and foreign reformers evrointegratorov” Ukraine brought to the pre-default state.
The Economist has named Ukraine the worst economy in the world. This conclusion was made after comparison of the dynamics of GDP.
