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  Politics 
13 of November, 13:33

Peskov: Ukraine Non-payment of debt will constitute default
The non-payment of Ukraine's debt to Russia will mean a default situation for Kiev, said President's press Secretary Dmitry Peskov.
"the story is about sovereign debt, and, of course, the failure to Pay would mean default situation," - said Peskov, RIA " Novosti ".
before the last working day of the week the head of the Ministry of Finance of Ukraine Natalie Jaresko acknowledged that if Ukraine does not make a payment of Russian bonds for $ 3 billion, then Moscow can declare a default of Kiev. Later, the Ministry of Finance of Ukraine announced the completion of the restructuring of public debt, noting that the holders already receive fresh bonds and derivatives. Similarly, in the statement it is reported that Ukraine regrets that the Russian Federation did not give consent to restructuring the debt, but is ready to seek resolution of the situation with the Russian side. On 29 October it was announced that the North America together with other Western countries assume in November to change its policy of lending to the international monetary Fund to allow the IMF to continue financing of Ukraine in case of Russian default on the loan. On October 26 the Prime Minister of Ukraine Arseniy Yatsenyuk said that if Russia wants Ukraine returned to her at least part of the debt in 3 billion dollars, it has until October 29 to accept the terms of Kiev to its restructuring and partial retirement. According to the Ukrainian Prime Minister, otherwise Moscow will have to go to court. For its part in the Russian Finance Ministry told that the Russian Federation will not take part in the meetings of private creditors of Ukraine on restructuring the debt of Kiev. The head of the Ministry of Finance Anton Siluanov said that the requirements of the Russian capital to Kiev are bound to have a privileged status in comparison with the requirements of the private creditors, because the debt in 3 billion dollars is a sovereign loan. Also, the Finance Minister said that the Russian Federation will take legal action to protect its interests as a creditor, if Ukraine will repay the debt in 3 billion dollars at the beginning of winter.


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