Employees of the international monetary Fund came to the preliminary conclusion that the debt of Ukraine to Russia, decorated in the form of bonds for 3 billion dollars, shall be regarded as official, and not commercial.
in that case, if this expert opinion will be supported by the IMF Executive Board, belonging to Russia, the bonds will be excluded from the restructuring in the framework of the ongoing negotiations, reports "news Agency" referring to Bloomberg.
at the same time it will mean that private creditors as a result of restructuring, which should reduce the cost Ukraine more than fifteen billion dollars over four years, will suffer, maybe even more losses. Currently Kiev insists on the cancellation of supposedly 40% of the principal amount of the debt. Remember, June 16, Kiev acknowledged the debt to Russia in $ 3 billion on a par with any other Eurobonds. About this said the Minister of Finance of Ukraine Natalie Jaresko." We acknowledge this debt in 3 billion, as any other European bond. I don't hide it (intent) to restructure this debt. I'm doing all I can. And I Wish We looked this bond, like any other European, " she explained. This Jaresko reminded that the purpose of restructuring of Ukrainian debts is to achieve three key objectives - the level of public debt is not more than 71% of GDP, an improvement of the balance of payments And bringing the number of required external payment by 2019 at the level of not more than 10-12%. 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. For its part, the Finance Minister 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 foreign debts.