Ukraine’s state debt, including guarantees, jumped 36.4 percent in 2010 as the government borrowed from the International Monetary Fund and sold bonds to cover the budget deficit and help state-owned companies.
The total debt surged to $52.3 billion as of end 2010, compared with $39.8 billion a year ago, the Kiev-based Finance Ministry said today in a statement on its website.
Via
Bloomberg, I wonder how much of that debt is related to financing Euro 2012? On a related
note, FIFA warned state authories to not remove the current head of the FFU,
Hrigory Surkis, before 2012.
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