Bloomberg: only debt relief will give you the opportunity to save the economy of Ukraine
Explaining the economic situation in Ukraine, emphasizes that there is no stability and trust, we need to settle debt.
the journal emphasizes that one of the causes of economic decline in Ukraine is the corruption of the authorities of the country.
"There are first signs that fresh leaders of the country have the opportunity to be More corrupt than their predecessors," said the publication.
Conclusion "landmark agreement" debt relief would be a risky move, however, only this will enable the country to get out of the economic morass.
"The volume of production fell by 15% for the fourth quarter of 2014 in comparison with the previous year. If the state tries to reduce spending or increase taxes to the level that would have enabled the payment of debts, this will only lead to a complete collapse, " writes Bloomberg.
One of the prohibitions of the conclusion of such a contract is still uncertainty on the prospects of the Ukrainian economy.
It is also noted that private lenders Ukraine, among the largest of which is the American Manager asset management Franklin Templeton, have no ability to figure out what part of their debts, the government is able to return to reality.