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17 of October, 16:50

The Ministry of Finance expressed the hope that the pretrial solution to the dispute over the Ukrainian debt
The Ministry of Finance retains hope for a pre-trial settlement of the dispute between Russia and Ukraine about the debt in 3 billion dollars, said Deputy Finance Minister Sergei Storchak.
"There will be dialogue, there will be some proposal (from the Ukraine). I hope that the Ukrainian side will see its own interest to make an offer outside of the judicial process ", ? quotes its words news Agency.
Deputy head of the Ministry of Finance recalled that the Minister of Finance of the Russian Federation Anton Siluanov and his Ukrainian colleague Alexander danyluk will take place at the end of October in Germany. September 21 Ukraine has expressed readiness to discuss the issue of the debt to Russia in the pretrial order. The head of the Ministry of Finance of Ukraine Alexander Danilyuk declared that he is ready for such a meeting, the commissioners of Russia only through the mediation of Germany and the IMF. July 28, the Finance Ministry said that the Russian Federation filed in London's High court a motion for an expedited ruling on the suit, filed in connection with the failure of Kiev's obligations on the debt to 3 billion dollars. The Ukrainian side insisted that Russia has adopted the same rules as commercial creditors (who agreed to the restructuring). Kiev is motivated by the desire as if to put the creditors in equal rules. However, the international monetary Fund has officially confirmed that the debt of Ukraine to Russia is a sovereign, not commercial, in other words, has a fundamentally different status. However, Ukraine has long denied it. According to the IMF rules, the respect of sovereign debt means it has the ability to be restructured on the same terms as the debt to private creditors ? rules for sovereign debt restructuring are required to be by default better. Kiev said that taking into account the position of the Fund, But in the end will not be able to pay the debt without violating the primary rules of the loan.


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