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Open discussion

09-12-08
Ukraine: the Point of No-Return of Mortgage Credits is Expected Next Spring

In the opinion of Lubov Slobodeniuk, Executive Director of CreditSvit Company(Kiev), the point of no-return of mortgage credits can be expected in the spring of 2009. This risk, she believes, is due to the fact that 82 % of all the credits are in dollars, and lately grivna has depreciated by 30 %.
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