Ukraine managed to avoid default

According to the results of a hundred days of work of the Ukrainian government can say with confidence that the state managed to avoid such unpleasant phenomena as the default. Since the beginning of the year in connection with the events in Ukraine and Russian aggression, many experts and analysts said the real threat of default, since the state crushed accumulated huge debts and economy simply can not cope with their repayment. But now that the signed agreement on international financial assistance, the threat has passed and there is every chance to restore the economy and gradually pay the debt, analysts TeleTrade.

All social benefits, pensions and wages, social standards on the existing law on the State Budget paid. This statement was followed by the Prime Minister of Ukraine Arseniy Yatsenyuk. It was also announced, Ukraine has received financial assistance from Western partners, in particular, renewed cooperation with the International Monetary Fund, received assistance from the World Bank, the European Bank for Reconstruction and Development, the governments of the U.S., Canada, Japan, provided financial assistance from the European Union.

According to analysts TeleTrade, it is this support of the international community gave more opportunity for Ukraine to pay people not to declare a default and not to fall into an economic abyss from which we must go, not years and decades. It will also give the opportunity to experience the projected economic decline by 5% in the current year.