NEW YORK, Sept. 15 - Standard & Poor's Ratings Services said its BB-/Stable/B foreign and BB/Stable/B local currency sovereign credit ratings on Ukraine would not be affected by President Viktor Yuschenko's decision to dismiss his government, the agency said in a press release carried by Interfax-Ukraine.

The bickering between the Administration and the government, which escalated in recent weeks, made implementation of meaningful political and economic reform impossible, the release said. The change of government could provide a new impetus for improving the chances that Ukraine's long and arduous path toward political stability will be addressed more effectively, it said.