The head of Ukraine Petro Poroshenko has signed a Law allowing the government to impose a ban on payments by a low external debt obligations.
the status of the document States that the draft law was returned to Parliament signed by the President on may 28. The law will take effect on a subsequent day after its publication in the official media, reports RIA " Novosti ".
remember, may 19, the Verkhovna Rada of Ukraine adopted the Law that will give the ability to suspend payments on restructured debt. The Minister of Finance of Russia Anton Siluanov said that Moscow will turn to international court if the head of Ukraine Petro Poroshenko will sign the Law on the moratorium on the payment of external debt of Ukraine. First source said that the lawsuit filed by Russia regarding the non-payment of Ukraine's debt in 3 billion dollars, in the event of such a situation may last for several years. According to him, the next tranche of financial aid from the international monetary Fund (IMF) for Ukraine is impossible without agreements with holders of its bonds. For its part, a source in the EU institutions was informed that a technical default of Ukraine will undermine the country's ability to attract private investment programme of the European Union, as well as among them in the line of the European Bank for restoration and development and the European investment Bank.