Russian Information Network
Russian All News Top 10 News News Export Photo magazine All comments
 Russian News Russian News 
Politics
Society
Economics
Accidents
Nature & Health
Hi-Tech
Culture
Sport
Celebrities
World News
 


  Politics 
24 of July, 03:30

Ukraine will have to pay another part of the public debt on July 24
Kiev is expected July 24 to repay another portion of the public debt of 120 million dollars in government bonds, otherwise Ukraine expects a Technical default. Ukrainian citing a source in the Finance Ministry informed that Kiev wants to make the Payment in time, However, official confirmation of this information is not available.

the national debt of Ukraine is about 70 billion dollars, of which about 40 billion foreign debt. Authorities in the framework to guide the country from a protracted economic slump conduct dialogues With creditors to write off 40% of the principal amount of the debt that is supposedly fifteen billion dollars.

in recent months, Official Kyiv has held several rounds of negotiations With creditors, And Also sent them a number of proposals for debt restructuring. But to any concrete results, the parties have not reached. The Ukrainian side claims only "positive progress in the negotiations" without any specifics. The head of the Ukrainian Finance Minister Natalia Yaresko said on Wednesday that the parties " are incessantly in the negotiations over the phone ".


The Ukrainian Parliament in may approved a number of changes to the law that gave the government the opportunity to impose a moratorium on the payment of the state debt. The Cabinet explained the need to adopt such changes excessive debt burden on the budget. However, until now This mechanism is not used.

Creditors of Ukraine are fundamentally opposed to the imposition of the moratorium And allow that in case of its introduction relations With Ukraine is more complicated.

Ukraine has two options to address the issue With the payment of 120 million coupon: 1st - payment within the specified period to meet its debt obligations. The second was to declare a moratorium on payment, But it signifies the entry of the country into a state of default.

Official Kiev says that non-payment means only "Technical default" And it will not affect the economy And welfare of the Ukrainians." Technical default is by no means the end For the state, And the beginning of restructuring, - has told in conversation the Head of the Ministry of economy of Ukraine aivaras Abromavicius.

With this view of solidarity And the Minister of Finance. She even believes that "Technical default" will have a positive impact on the hryvnia exchange rate." in my vision, economic arithmetic, cannot (to be amended) any negative impact on the hryvnia. Speaking Arithmetically, money, currency, which was to be applied to the payments that would come out from the country, And To the suspension of payments, It remains in the country. Arithmetically this is For the hryvnia even better, " Yaresko told after talks With creditors, which was held July fifteen in the U.S. capital.


Director of the international Fund blazer Oleg Ustenko believes that Ukraine will not make the upcoming Payment." currently there is a strong likelihood that Ukraine will not pay And in fact enters into a state of technical default. This scenario is more likely, because it is already in practice 3 months there are dialogues of debt restructuring ", - told in explanation of the Last news Ustenko.

If Ukraine enters into a state of technical default, the consequences may have a negative impact on the already weak Ukrainian economy. Ustenko predicts a significant slowdown in economic increase in this case." I think the effect will be. For Ukraine will be closed foreign markets borrowing capital for a long period of time. This means that you will not become an additional impetus For the development of the economy, there will be no possibility of borrowing, " said Ustenko.

in addition, in the opinion of the expert, a Technical default may increase the devaluation pressure on the hryvnia, which for the last year And so has depreciated by 3 times. Also Ustenko has predicted a series of Bank defaults.

"If Ukraine is going to pay for the obligations, it will mean that Ukraine 3 months went in the wrong direction. For this reason, in reality, If Ukraine makes a payment, it will look at least strange, " added Ustenko.

But along With this, the head of the Ukrainian analytical center Alexander Okhrimenko believes that Ukraine will pay its obligations on time. And statements of the head of the Ministry of Finance Jaresko calls " PR ".

"Ukraine will repay the debt on time. The amount is small. The payment standard


sections: Politics

121443
eng
ON THIS THEME:
[View all comments] [Print]
  User Comments 
[Add comment]

There are no comments for this article yet. Be first to post a comment!
[Add comment]
  Headline 
Haley has threatened to use force against Syria Haley has threatened to use force against Syria

23 of February, 07:04

Washington considers the possible use of military force against state forces in Syria. About it said the U.S. permanent representative to the UN, Nikki Haley, speaking at the Institute of politics at the University of Chicago.

  Worth to read 
Oleg Deripaska is leaving the post of President of "RUSAL"


Oleg Deripaska is leaving the post of President of "RUSAL"Oleg Deripaska is leaving the post of President of " RUSAL ", it will replace the Director General of...
 The Pentagon commented on the reports about the transfer of the su-57 in Syria


The Pentagon commented on the reports about the transfer of the su-57 in SyriaThe US is not considering Russian fighter 5th generation su-57 as a threat to their military operations...

The Russian military said the worsening situation in Eastern ghouta


The Russian military said the worsening situation in Eastern ghoutaFighters for days released 83 mines of Eastern ghouta on residential neighborhoods in Damascus, said...
 The Embassy commented on the detention of a Russian citizen in Germany


The Embassy commented on the detention of a Russian citizen in GermanyThe residence of the Russian Ambassador in Germany commented on the detention of the Russian citizen,...

FSB prevented a terrorist attack in St. Petersburg


FSB prevented a terrorist attack in St. PetersburgFederal security service prevented a terrorist act in Petersburg, informs a press-Department service....
 The Rosselkhoznadzor has banned the import of milk from Belarus


The Rosselkhoznadzor has banned the import of milk from BelarusThe Rosselkhoznadzor on February 26 prohibits deliveries to the Russian Federation of milk and products...

  Politics 
Sort by: date rating
Ukrainian Chernomorneftegaz accused Russia of illegal mining in the CrimeaUkrainian Chernomorneftegaz accused Russia of illegal mining in the CrimeaGreece gave Russia one of the leaders of a large-scale OPGGreece gave Russia one of the leaders of a large-scale OPG
Kiev forgot about the promise of Euromaidan, said Amnesty InternationalKiev forgot about the promise of Euromaidan, said Amnesty InternationalIn Russia came into force new rules of passage of checkupIn Russia came into force new rules of passage of checkup
The United States have made Russia a condition of the abandonment of cruise missiles with nuclear warheadsThe United States have made Russia a condition of the abandonment of cruise missiles with nuclear warheadsSaakashvili has promised to "soon" to return to UkraineSaakashvili has promised to "soon" to return to Ukraine
Saakashvili was denied entry to Ukraine until 2021Saakashvili was denied entry to Ukraine until 2021The defense Ministry commented on reports about the replacement of the commander of the group in SyriaThe defense Ministry commented on reports about the replacement of the commander of the group in Syria
Poroshenko was afraid for his life during his visit to the Crimea in 2014Poroshenko was afraid for his life during his visit to the Crimea in 2014The court issued a verdict in the case on the billion-embezzlement on the EastThe court issued a verdict in the case on the billion-embezzlement on the East
The Kremlin responded to the statement of the state Department about the loss of the Russian defense industryThe Kremlin responded to the statement of the state Department about the loss of the Russian defense industrySyrian troops entered AfrinSyrian troops entered Afrin
In the state Duma will introduce a bill on irrevocable contributionIn the state Duma will introduce a bill on irrevocable contributionThe Minister of education of Ukraine has accused the foreign Minister of Hungary in liesThe Minister of education of Ukraine has accused the foreign Minister of Hungary in lies
The state Department said the cancellation of a secret meeting of Pensa with sister Kim Jong-UNThe state Department said the cancellation of a secret meeting of Pensa with sister Kim Jong-UNThe state Department has estimated possible losses of Russian "defense" from the US sanctionsThe state Department has estimated possible losses of Russian "defense" from the US sanctions
Poroshenko signed the law on the Donbass, the legalized crime of VSU, said in MoscowPoroshenko signed the law on the Donbass, the legalized crime of VSU, said in MoscowJapanese fighters escorted bombers Tu-95MSJapanese fighters escorted bombers Tu-95MS
In Syria, fired at the Russian Center for reconciliationIn Syria, fired at the Russian Center for reconciliationIn the LC and the DNR commented on the signing of the act on the reintegration of DonbassIn the LC and the DNR commented on the signing of the act on the reintegration of Donbass
 1  2  3  4  5  6  7  8  9  10 >> 5285
 Day headline Day headline 
Oleg Deripaska is leaving the post of President of "RUSAL"

23 of February, 04:04

 
 News of the week News of the Week 
  • Haley has threatened to use force against Syria
  • Oleg Deripaska is leaving the post of President of "RUSAL"
  • The Pentagon commented on the reports about the transfer of the su-57 in Syria
  • The Russian military said the worsening situation in Eastern ghouta
  • The Embassy commented on the detention of a Russian citizen in Germany
  • FSB prevented a terrorist attack in St. Petersburg
  • The Rosselkhoznadzor has banned the import of milk from Belarus
  • Ukraine accused Russia of illegal gas production in Crimea
  • Ukrainian Chernomorneftegaz accused Russia of illegal mining in the Crimea
  • Greece gave Russia one of the leaders of a large-scale OPG

  •  Photos Photos 
    Top 10 Expensive Cars in the World 2010
    Top 10 Richest Persons In The World Now
    Top 10 Richest Persons In The World Now
    How Cindy Crawford keeps her stunning physique
    Joel Madden says Nicole Richie brings out the best in him
    Virtual Visiting Cards
    Tests
    Game Server


     News by regions News by regions 
    Far East region
    Volga region
    North-West region
    Siberian region
    Ural region
    Central region
    Southern region

     Subscribe Subscribe 
    Name  
    E-mail   
    Type HTML TEXT
    All sections
    Politics
    Society
    Economics
    Accidents
    Science & Technics
    Culture
    Sport
    In the World
    Top 10 today
     once per 3 hours
     once per 6 hours
     once per 12 hours
     once per 24 hours


     
     
     
    Politics Society Economics Accidents Nature & Health Hi-Tech Culture Sport Celebrities World News
      Copyright © RIN 2005-2006 * Feedback