The President of Ukraine Petro Poroshenko could not get out from part of the external debt, purchased by the Russian Federation. Debt in 3 billion dollars along with other Eurobonds approved by the Minister of Finance powers Natalia Jaresko.
No matter how trying the President of Ukraine Petro Poroshenko to get out of debt in 3 billion dollars that the nation owes to Russia, it has failed. To turn away from the respective commitments without severe financial consequences were not so simple.
That Ukraine will continue to pay all debt obligations, stated the Minister of Finance powers Natalie Jaresko at the Swedish-Ukrainian business forum. And yet she reiterated that Kiev would insist on debt restructuring.
"We acknowledge this debt in 3 billion, as any other European bond. I make no secret of their desire to restructure the debt", - quotes RIA Novosti Jaresko. "I'm doing everything I can. And I wish that we used to evaluate this bond, like any other European. We have enough programs, and we must reach the target debt restructuring", she added.
"We currently pay for all its obligations", - said the Minister of Finance of Ukraine. Maturity next coupon sovereign bonds in the amount of $ 3 billion which were purchased by the Russian Federation at the end of 2013, coming June 20. Kiev has until 22 June (20th date falls on a Saturday) to pay 75 million dollars. The non-payment of this amount would mean a default in the country.
Poroshenko in his interview to Bloomberg, responding to a question about the debt of Ukraine to the Russian Federation in $ 3 billion, gave the funds for the bribe. He hinted that Kiev may categorically refuse to pay for this part of the private external debt, but right to state this fact did not.
With all this in late may, the President signed a law that allows the Ukrainian government to impose a moratorium on payments for certain debt promises. Their list included Eurobonds purchased by Russia. But even using the same "trick", Ukraine will incur a default, if you deny to pay the bills, believe experts.
sections: Economics, Accidents