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 
In Kiev decided that the United States has approved the supply of lethal weapons Ukraine

13 of December, 12:04

The law on the military budget of the United States authorizes the supply of Kiev lethal weapons of a defensive nature, said the Ambassador of Ukraine to the United States Valeriy Chaly.

  Worth to read 
Elections in Poland: leader "Right and justice"


Elections in Poland: leader "Right and justice"25,74 % voters voted for the party "Right and justice". The liberal party "Civil platform" - 23,31 %...
 Russian fighter showed worthlessness of Lithuanian air defence force


Russian fighter showed worthlessness of Lithuanian air defence forceRussian air forces commander-in-chief Vladimir Mikhailov told that in speech in pilots combat training...

Khodorkovsky lodges supervisory complaint


Khodorkovsky lodges supervisory complaintMichael Khodorkovsky is going to make a supervisory complaint on his sentence. That his barristers said,...
 Khodorkovsky lawyer Robert Amsterdam threatened arrest in Russia


Khodorkovsky lawyer Robert Amsterdam threatened arrest in RussiaHe told unknown earlier details of his recent deportation from Moscow.

Roscosmos returns American astronaut only for money


Roscosmos returns American astronaut only for moneyRussia fulfilled all obligations of free NASA astronaut delivery to MKS, therefore the further cooperation...
 NATO plans Kazakhstan`s military budget


NATO plans Kazakhstan`s military budgetNATO suggested Kazakhstan to help in military planning, military budget composition and officers retraining....

  Politics 
Sort by: date rating
In Crimea responded to the call of Kiev to impose sanctions because of the bridge across the Kerch StraitZeman criticized the idea to create a United States of Europe
Trump has signed the defense budget, providing "containment" of RussiaTrump has signed the defense budget, providing "containment" of RussiaThe Hamas movement announced the beginning of a third intifada
Russian diplomats left YemenIn Germany issued the first permit for the construction of "Nord stream - 2"In Germany issued the first permit for the construction of "Nord stream - 2"
When strike by Israel killed two PalestiniansBombed militants in Syria, the aircraft returned to Kaluga oblast
In Moscow prevented the impending New year attackFSB prevented the impending New year attack
Roscosmos said the reason for the unsuccessful launch from the EastIn Russia there will be new road signs
In Russia there will be new road signs, a media report saidIn Russia there will be new road signs, a media report saidTrump called attacks on the Syrian army to "legal measures"
The suspect in the attack in new York inspired the attack in Berlin, told the mediaThe suspect in the attack in new York inspired the attack in Berlin, told the mediaThe Russian Embassy in the United States commented on the terrorist attack in new York
Exploded in new York, the bomb was made out of Christmas garlandExploded in new York, the bomb was made out of Christmas garlandReleased Saakashvili staged a rally in Central Kiev
A court in Kiev released Saakashvili to freedomThe police said that the explosion in new York was a revenge
 1  2  3  4  5  6  7  8  9  10 >> 5233
 Day headline Day headline 
The court has pronounced a sentence to two participants of act of terrorism in Budennovsk

13 of December, 11:04

 
 News of the week News of the Week 
  • The court has pronounced a sentence to two participants of act of terrorism in Budennovsk
  • In Kiev decided that the United States has approved the supply of lethal weapons Ukraine
  • The transit of gas through Ukraine to the EU fell by almost a quarter
  • Attacked militants in Syria, the bombers returned to Irkutsk oblast
  • Kiev estimated losses from the termination of the operation of Russian trains in one hryvnia
  • Saakashvili said that Poroshenko offered him the post of Prime Minister of Ukraine
  • Trump has legitimized the ban on the use of "virus" us government agencies
  • In Crimea responded to the call of Kiev to impose sanctions because of the bridge across the Kerch Strait
  • The US will return to the "question" of the Crimea, promised Tillerson
  • Zeman criticized the idea to create a United States of Europe

  •  Photos Photos 
    Christina Ricci in Unique Make-Up Pictured on the Set of `Bel Ami`
    Spanish rallies turn violent as million people protest in 80 cities
    Spanish rallies turn violent as million people protest in 80 cities
    Pictures: Teairra Mari Grinding On Soulja Boy for `Sponsor` Video Shoot...
    Kylie Minogue has stripped off for a new campaign
    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