Ukraine will default in 2011
Ukraine is waiting for a default in 2011. Ukraine is in trouble again. No sooner had the new year started, it became clear that now the Ukrainian economy is slowly but surely coming to an end, and the collapse of the hryvnia is now inevitable. The heated Ukrainian entrepreneurs on the Maidan have not yet completely subsided, the bruises of the deputies who staged a terrible fight right in the building of the Verkhovna Rada have not yet healed all the wounds, but the new bitter news for the country came from where no one could wait for it – from the Japanese Islands!
In particular, Japan demanded that Ukraine provide a detailed report on the application of all funds that were transferred from this country under the Kyoto Protocol, which is about 300 million euros.
The Japanese raised a panic immediately after they received information about the misuse of funds by the government of the country.
If the information received by the Japanese is confirmed, then, as the government of Japan threatens, they will immediately demand the return of all funds without exception, while terminating all contracts and agreements. Of course, this will mean an instant and imminent default for Ukraine. Now we just have to wait to see if the economy collapses in 2011, or if this time everything will be fine.