The Minister of Finance of Ukraine Natalie Jaresko has urged lenders in the country to take advantage of the last chance and come to a consensus on the restructuring of debts, otherwise Kiev will be forced to impose a moratorium on repayment of debts.
She recalled that the Parliament of Ukraine supported the proposal of the Prime Minister and gave the Cabinet the power to make decisions regarding the imposition of a moratorium on repayment of debts.
"In the absence of real progress in negotiations in the near future, if the creditors do not take this last chance Ukraine will have full moral and legal ability to take proper decision regarding relations with the owners of our debt," Jaresko said at a press conference on the last working day of the week.
the head of Ukraine Petro Poroshenko at the end of may signed a law allowing the Ukrainian government to impose a moratorium on payments on a small external debt obligations. In the list of similar obligations entered and Eurobonds purchased by Russia at the end of 2013.
Total debt of Ukraine is about 70 billion dollars, of which the government planned to restructure $ 22 billion dollars provided by private creditors. While Kiev was calculated according to the results of restructuring to reduce costs fifteen. 3 billion dollars, however, the creditors did not want to go on rules of Ukraine, which in addition to lower interest payments insisted on writing off part of the loan.