Ukraine crisis: Fears of financial collapse

It had been relying on Russia to buy some of its debt, but those bond purchases have been shelved amid tension between the neighbours.On Friday, Standard & Poor's downgraded Ukraine to CCC - just two notches above default.Senior economist from IHS Global Insight Lilit Gevorgyan told BBC World that Ukraine was in desperate need of financing: "It doesn't look good for Ukraine unless they manage to get that foreign currency as soon as possible."(BBC)ANN.Az