Russia expects repayment of the debt of the Ukrainian side in full and on time, said the press service of the government of the Russian Federation answering to the requirement of the Prime Minister of Ukraine Arseniy Yatsenyuk to write off part of the Ukrainian debt.
"Russia's position remains previous: Ukraine must fully and on time to pay off the liabilities acquired in the early winter of 2013 with funding from the national welfare Fund. The so-called debt operation, in which Russia does not participate, is not able to alleviate the debt of Ukraine ", ? reported in the report on the Internet representation of the Cabinet of Ministers of Russia.
"The debtor is more profitable to pay Russia right now, as default on those obligations would have cost him much more expensive: they have to pay not only court costs, and penalty interest on late payments ", ? reported in the report. On Thursday, the head of Ukrainian government Arseniy Yatsenyuk said that the Russian Federation must accept the terms of debt restructuring for $ 3 billion, as other conditions for the capital of Russia will not. In the late summer of Ukraine agreed with creditors to write off 3, $ 6 billion bond debt totaling approximately $ 18 billion. Against this background, the international rating Agency Fitch downgraded the long-term chart Issuer default ratings of Ukraine to the level of " default inevitable." While Kiev has asked the Russian Federation " to accept the rules of writing off other creditors ". Also, the Ukrainian side said that the Russian Federation in case of disagreement with the terms of the debt restructuring of Ukraine may enter into individual dialogues. However, the Minister of Finance Anton Siluanov said that Moscow will not do it. For his part, the head of Ukrainian government Arseniy Yatsenyuk said that the Russian Federation must agree with the proposals Kiev to restructure the debt or to demand the return of money from those who took them.