KIEV, Oct. 31 - Moody's Investors Service has said that the general Ukrainian government debt-to-GDP ratio might reach around 70% of GDP at the end of 2014 compared to 41% at the end of 2013, while early October Moody's projected a ratio of up to 66% of GDP.

"We expect the economy to contract by around 7 to 8% this year and by 2% in 2015, with risks tilted to the downside. The sharp currency depreciation (38% in 2014) is increasing pressure on sovereign debt sustainability given that the general government debt-to-GDP ratio might reach around 70% of GDP at the end of 2014 compared to 41% at the end of 2013," reads the survey of Moody's, a copy of which has been sent to Interfax-Ukraine.