KIEV, Dec. 22 - Political turbulence and fragile external finances weigh on Ukraine's (Caa3 negative) economic prospects and will hinder its ability to cover its upcoming debt maturities in the coming years, Moody's Investors Service said in its annual Ukraine Credit Analysis, published recently.

The rating agency notes that there is a high likelihood of a Ukrainian bond restructuring next year.

The rating agency's report is an update to the markets and does not constitute a rating action.