The appeal of the Minister of Finance of Ukraine Natalie Jaresko write off a portion of a country's external debt in the amount of fifteen billion dollars angered Western creditors of Ukraine, informs British print edition.
According to the magazine, the Finance Minister said that the restructuring of the external debt of the country should be completed before the end of may that Ukraine would not have been out of the programme of assistance to the international monetary Fund.
The Sunday Times also emphasizes that one of the largest state-owned credit institutions of Ukraine - "Ukreximbank" in danger of default in that case, if the holders of Eurobonds in the amount of $750 million not prolong the period of redemption of securities, expiring at the end of April.
Ukraine is currently housed in a serious political crisis that affects the economy and the public sector, in fact the country was on the brink of default. Authorities nourish the hope of improving the situation of foreign borrowing. The Board of Directors of the international monetary Fund blessed the four-year program of financial assistance to Ukraine in the amount of 17, 5 billion. One of the key conditions of the IMF to provide credit enhancement in the country of tariffs for gas and heat for residents to market levels.