Maduro said that Venezuela will overcome economic problems

© RIA Novosti / Sergey Goneeverything in Photobacterium of Venezuela, Nicolas Maduro. Archival photoMaduro said that Venezuela will overcome economic problems© RIA Novosti / Sergey Goneeverything the image Bank

Venezuelan President Nicolas Maduro said that the country will overcome the economic problems next year, according to TV channel Globovision.

«We stand on the threshold of 2018, which I am sure will be a year of expansion of the revolutionary forces… to overcome the economic problems», — quotes the channel of a Maduro.

Earlier, the international rating Agency Fitch announced a downgrade of the long-term rating of Venezuela for the obligations in foreign currency to «restricted default» (RD). The reason for the decision was the failure to obtain the investors interest payments of sovereign bonds maturing in 2019 and 2024.

The international rating Agency S&P also lowered the rating of Venezuela for the obligations in foreign currency to «SD» (selective default) after the country paid $ 200 million in bonds maturing in 2019 and 2024. Venezuelan authorities have begun negotiations with investors on the restructuring of external debt of the country.

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