Ukraine: Fitch Paints Bleak Multi-Year Outlook
Fitch reaffirmed Ukraine's junk 'CCC' rating, projecting the war persists through 2027 with little ceasefire momentum, economic contraction in 2026, and sustained fiscal deficits.
What we know
A cluster of Fitch-related headlines dominated an account on X's feed. Ukraine's 'CCC' rating was reaffirmed. The war is expected to persist through 2027 with little ceasefire momentum. The economy is projected to contract slightly in 2026 and grow just 0.2% in 2027. Fiscal deficits will remain substantial due to weak domestic revenue. On the battlefield, another account on X reported most Russian KAB guided bombs missed a Kherson bridge, falling into the river instead.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.