Ukraine: unemployment rate growing rapidly

Ukraine is not the only country that has faced rising unemployment. As of June 1, over 510,000 unemployed have been officially registered in Ukraine, according to the State Service. However, the actual number of unemployed in May was about 2.5-2.8 million. Moreover, the number of officially unemployed has doubled since quarantine start. Europe is also…

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Ukraine: Fitch rates Mykolaiv at B

Fitch Ratings has assigned Mykolaiv long-term foreign- and local-currency issuer default ratings (IDRs) of B. “Fitch Ratings has assigned the Ukrainian City of Mykolaiv Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) of B with Stable Outlook,” the statement reads. As noted, the ratings reflect Mykolaiv’s Standalone Credit Profile (SCP) of b+ resulting from a…

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