KIEV, July 13 - The cost of borrowing in Ukraine in the second half of 2007 will be stable - if there are no extraordinary events in the country, according to Kiev-based Ukrsotsbank First Deputy Chairman Valentyna Zhukovska.

"If there are no extraordinary events in the country, and we see the logical completion of the present political confrontation, I believe that both international credit ratings and the cost of attracting funds in Ukraine will not worsen. The cost will remain the same as now," reads a bank report issued on Thursday, citing Zhukovska.