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15 of April, 13:30

WSJ: Ministry of Finance of Ukraine has decided to intimidate the creditors
The Minister of Finance of Ukraine Natalia Jaresko delivered the speech with a warning to the creditor either will start conversations about restructuring 40-milliardnogo debt or for even more unstable economic, political and military situation in the country. About This she said in an interview to the newspaper.

Jaresko said that the progress that she expected the talks with creditors failed to be achieved. Painting a gloomy picture of the future of the country, the head of the Ukrainian Finance Ministry is trying to persuade the creditors to sit down at the negotiating table as soon As possible.

"in the 1st turn, they (the creditors - ed) don't realize the depth of financial and economic distress in which the country is today," she added, saying that "honest and open" dialogs never have been started.

Jaresko said that to come to a consensus with the creditors get to it before the end of may, As otherwise the IMF may withdraw from the programme of assistance to Ukraine.

If you come to a consensus fail, the country will face a new wave of instability, as well as among them further destruction of the economy and recovery of the conflict between Kiev and militias Donbass, said the Head of the Ministry of Finance.

in case of deterioration Ukraine may waive the payment of the national debt, but to take this step to go she does not want.

"We in Parliament talked about It, and some factions have some kind of populist personal position, according to which that duty need not be paid. This is one of the risks that lenders must take into account, " Jaresko said the WSJ.

in March the IMF blessed tranche of aid to Ukraine in the amount of 17, 5 billion. However, the country emphasizes the WSJ, it is necessary to detect other international sources of payment and restructure its own debt. As said Deputy managing Director of the IMF David Lipton, "it is vital" to an agreement with creditors has been reached before the upcoming tranche of the Fund in June.

at the end of March, the rating Agency Moody's has assessed the probability of default in Ukraine is almost 100 %.

sections: Politics

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