12.05.2014 18:50:00

Russia, Government of -- Moody's: Credit Outlook for CIS Sovereigns Negatively Affected by Russia/Ukraine Crisis

Frankfurt am Main, May 12, 2014 -- According to Moody's Investors Service, the Russia/Ukraine crisis constrains the credit outlook for the eight rated sovereigns of the Commonwealth of Independent States (CIS) because it has (1) exacerbated economic downside risks in light of CIS countries' strong economic links with Russia, which is undergoing economic deceleration; (2) heightened geopolitical risks by reigniting longstanding territorial conflicts; and (3) increased the likelihood of direct confrontations with Russia.

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