KIEV, Aug. 4 – The $750 million credit extended by the European Bank for Reconstruction and Development to Naftogaz Ukrayiny will settle the current problems of the state holding, but it is unlikely that it will satisfy its financial needs in full, according to experts polled by Interfax-Ukraine.
Andriy Herus, an analyst from Concorde Capital Investment Company, said that the size of the credit is large enough for the company's current activities, although it does not settle all of its problems.
"This [will cover] payments to Russia for gas for 1.5-2 months," he said.
In turn, the senior analyst of Kiev-based Sokrat Investment Company, Serhiy Nevmerzhytsky, said that $750 million is not enough to support the company's ability to generate income in the future.
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