Ukraine is not facing a threat of default, and the hryvnia will remain stable, Ukrainian Prime Minister Mykola Azarov has said.

"What is most surprising is that domestic experts don't exaggerate these risks and consider them small, but foreign experts, especially the so-called Russian experts, have recently become more active. And I've recently received a number of statements that Ukraine is facing a threat of default and some weakening. But I can upset these Russian experts a little bit – nothing will collapse," he said in an interview with the Russia 24 television channel.

Azarov said that the stability of the national currency would be preserved due to the prudent financial and monetary policies conducted by the Ukrainian authorities.