The report noted that additional funding of around $15 billion from the World Bank, the EU, Japan and Canada will be available for Ukraine following its arrangement with the IMF. The agreement will reduce the risk of immediate economic collapse, Euler Hermes analysts noted.

On the other hand, Portugal exits its bailout program following strong demand for its treasury bonds at declining interest rates, which will allow the Portuguese government to support its financing needs through issuances on the bond market, Euler Hermes’ analysis showed.

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