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11 of August, 12:00

German media: the tricks of the IMF will not save Ukraine
Planned for Wednesday dialogues With creditors - last chance for Ukraine to defend itself of default, writes the German online edition.

according to the publication, the Minister of Finance of Ukraine Natalia Jaresko trying to get from the lenders of debt relief and write off up to 40% of the debt.

However, the lenders waive any So-called haircut of the debt and are willing to write off a maximum of 10% of the amount owed to them. In addition, they would not want to write off the debt completely, hoping that the problem With the solvency of Ukraine is temporary and will be resolved With a full-scale introduction of reforms.

Anyway, writes Telepolis, Ukraine continues to achieve significant reduction of debt. From the position of the author, if Kiev and creditors will not come to an agreement on Wednesday that Ukraine will impose a moratorium on debt payments in September and will cease to exercise them.

as long as Ukraine is trying to come to a consensus With the creditors, the West continues to invest. As predicted, the war in Eastern Ukraine turns the country into a bottomless money pit, says the journal.

"Although Ukraine has long been insolvent, and lenders again and again grabbed her by the throat, the country transferred fresh billions," reported the publication. For example, Ukraine is waiting for 1, 8 billion euros from the European Commission. In addition, the country has already received the next tranche from the IMF.
Telepolis recalled that the IMF, despite the " all positive forecasts ", said on the reduction of Ukraine's GDP to nine per cent this year. Last fall, analysts expected drop in GDP in 2015 "only" 7 %, writes Telepolis further, noting that the austerity program, which the IMF expects Ukraine to return the country to economic growth can not.

"for this reason Vsplanet question: As a country with such economic decline to collect enough taxes for debt payments, even if the desired write off 40% of the amount. Most likely, it's a trick of the IMF. The Fund wishes to make it appear that Ukraine can pay the debts, to continue to load it with credits, " writes Telepolis.

From the position of the publication, this kind of IMF policies is the " irregularities ", to which resort to the Fund not the first time. So, the IMF has no right to assist the country in which occurs with weapons of conflict. In addition, Ukraine already receives amounts in excess of the normal quota of the Fund.


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Thalmann, Ernst, leader of the German and the international labor movement. (Ernst Thцєlmann)
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