OREANDA-NEWS. Due to the financial support of the Russian Federation, Standard & Poor's has revised its outlook on Ukraine to stable from negative.

Recall, S&P downgraded the sovereign credit rating of Ukraine in foreign and national currency in early November. In addition, long-term rating of the country was downgraded on a national scale.

Improved prognosis means that within 12 months the agency may raise the credit rating of the country.

Agreement of the Heads of State of Ukraine and Russia on December 17 significantly changed the situation. The result of the meeting of the Ukrainian-Russian interstate commission was the signing of documents, in particular the agreement on the placement of USD 15 billion in Ukraine in securities. December 23, the National Bank of Ukraine received the first tranche of Russia in the amount of USD 3 billion to buy back bonds of external state loan.