LONDON, June 10 - S&P Global Ratings has affirmed its 'B-/B' long- and short-term local and foreign currency sovereign credit ratings on Ukraine.

The outlooks on the long-term foreign and local currency ratings are stable.

S&P also affirmed the 'uaBBB-' Ukraine national scale rating on the country.

"The affirmation reflects the stabilizing macroeconomic picture within Ukraine in 2016, which saw a return to growth in the first quarter (for the first time in nine quarters) and the calming of inflation," S&P said.