KIEV, Feb. 11 – Ukrainian companies and banks will have to pay almost $7 billion to service and pay off foreign long-term debts, including $2.8 billion in H1, according to an analytical note by the Institute of Economics and Forecasting given to the press during hearings on anti-inflation measures.

The hearings were organized by the parliamentary financial committee.

"The situation with paying and servicing the foreign corporate debt is more alarming [than with the state debt]. Non-financial companies and Ukrainian banks in 2008 should pay almost $7 billion to pay and service foreign ling-term debt... The main burden is on the banks," reads the note.