The Ukrainian railway has come to its collapse

Maxim Karpenko.  
25.06.2019 12:49
  (Moscow time), Kyiv
Views: 2095
 
Policy, Transport, Ukraine, Finance, Economics of Collapse


In the fall, the Ukrainian state company Ukrzaliznitsa will default - the company will not be able to fulfill its obligations.

Former Minister of Transport and former Verkhovna Rada deputy Yevhen Chervonenko announced this on air on TV channel 112, reports a PolitNavigator correspondent.

In the fall, the Ukrainian state company Ukrzaliznitsa will default - the company will not be able to fulfill its obligations....

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The situation is aggravated by the fact that the railway workers owe the Russian bank about two billion dollars in a loan, which was taken out under government guarantees.

“On September 1, we have a default, not a technical one, of the Ukrainian railways. I’m translating into Russian - God forbid, “a brilliant harvest”, we will have nothing to take to the ports with 97% of the wear and tear of Ukrainian locomotives. And there’s also a piano in the bushes - two billion dollars of debt with state guarantees to Vneshtorgbank of Russia from Ukrzaliznitsa, about which they are somehow modestly silent,” said Chervonenko.

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Ukrainian Railways is on the brink of collapse.






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