You're reading: Ukraine’s state debt reaches 71.5 percent of GDP in 2014 – NBU

Ukraine's consolidated state (direct) and guaranteed debt in 2014 reached 71.5 percent of GDP, increasing from 40.3 percent a year earlier, according to an analytical report, posted on the website of the National Bank of Ukraine (NBU).

As reported, Russia’s leadership has repeatedly reported on Kyiv’s alleged violation of covenants on eurobonds worth $3 billion maturing in December 2015 as for the retention of public debt within 60 percent of GDP, which gives the right to demand the early repayment of the securities.