The Ministry of Finance of Ukraine welcomes the successful conclusion of negotiations between state "Oschadbank" and the Committee of creditors on the restructuring of the Bank bonds in the amount of 1, 3 billion dollars, said the Ukrainian Ministry of Finance.
"the Ministry of Finance of Ukraine welcomes the successful conclusion of negotiations between state "Oschadbank" and the Committee of creditors on the restructuring of the Bank bonds in the amount of 1, 3 billion dollars, " writes UNIAN.
"The results of the negotiations are fully consistent with the objectives of the program supported by the IMF, and demonstrate Ukraine's commitment to dialogue in the framework of negotiations on debt restructuring. We encourage creditors "Oshchadbank" to Express support for the proposed rules in the process of the upcoming process of approval of the restructuring plan, which will begin in a few days " - quoted by UNIAN news Agency the message of the Ministry of Finance. On Thursday, Deputy Finance Minister Sergei Storchak said that Russia hopes to receive 22 June 75 million payment from Ukraine for the loan, with any fact of non-payment will be perceived by Russia as an " event of default ". On may 19, the Verkhovna Rada of Ukraine adopted the law that will give the ability to suspend payments on restructured debt. The Russian President Vladimir Putin called the decision of Kiev weird. In his vision, the Declaration on the fact of default suggests a low level of professionalism. Also, according to Putin, Russian banks have loan portfolios to Ukraine in the amount of 24-25 billion. Prime Minister Medvedev D. A. Also explained the actions of the Rada. According to him, such decision is, really, a Declaration of default at the same time with the Declaration of force majeure on debt. The IMF Executive Board in March blessed new program of financial assistance to Ukraine, providing for the allocation of Kiev Fund 17, 5 billion dollars, and all international creditors over four years - $ 40 billion, including the fifteen billion through debt restructuring. Then the Ukrainian authorities have initiated conversations with creditors to restructure its debt, but Russia on the issue was not addressed.