Home/Videos/World News/Amid Kursk Gamble, Zelensky Refuses To Repay Foreign Debt: Ukraine Economy Hit By Rating Downgrade
Amid Kursk Gamble, Zelensky Refuses To Repay Foreign Debt: Ukraine Economy Hit By Rating Downgrade
Published on Aug 15, 2024 07:30 pm IST
Ukraine's economy is on the brink of disaster as the war with Russia rages on and Western support weakens. In a shocking move, Ukraine has defaulted on a major debt repayment, prompting Fitch Ratings to downgrade the country to 'Restricted Default.' With billions in Western aid failing to stabilize the situation, could this be the beginning of Ukraine's economic collapse?
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