The Ministry of Finance of Ukraine and the creditors ' Committee until not agreed on a debt restructuring, the dialogues do not stop on Thursday, a source close to the negotiations.
"Ukraine and the creditors' Committee, which is chaired by U.S. investment Fund Franklin Templeton, until not agreed on a debt restructuring, the dialogues continue, " the Agency." the dialogue will continue tomorrow, " - said the source Agency.
along with this, a spokesman of the Ministry Daria, marcak said Last news in the explanations that this issue, the Ministry of Finance has not commented.
Kiev announced the start of negotiations on restructuring in March, immediately after the statement of the IMF program. However, after almost six months the parties were unable to reach a compromise solution. The main requirement of the Kiev - write-off of 40% of the amount of the loan is principally not satisfied creditors.
The creditors Committee believes that all rules of the IMF can be executed without writing off the principal amount of the debt by extending the maturity of the Eurobonds and at the expense of the grace period for payment of coupons. Readiness to write off 5% of the debt is high, which At this point of time agreed by the creditors ' Committee in the negotiation process, but Kiev new proposal is also not satisfied.
Restructuring of the state debt in the amount of 22, 7 billion, including debts to Ukrainian enterprises, stipulated in the Memorandum of understanding between the Ukrainian government and the IMF and is one of the key conditions for the provision of Kiev 17. 5 billion dollars in a four-year program of the extended payment. Ukraine is in a difficult financial-economic situation and without the help of the IMF she is in imminent default.
sections: Politics |
Russian News
[View all comments]
[Print]
