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5 of August, 19:33

Media: creditors of Ukraine considered the proposal unacceptable

MOSCOW, 5 Dec - RIA Novosti/Prime. The international Committee of creditors led by Franklin Templeton investment Fund considered the latest proposal of the government of Ukraine debt restructuring invalid, informs g citing a source familiar with the negotiations.

in addition, According to a source, the Committee refused to hold on Thursday a personal meeting at a high level in London to discuss the debt problem. Instead of Lenders to offer for the next week by a telephone discussion of the proposal of Ukraine.

the Ministry of Finance said on Tuesday that sent the edited proposal for restructuring of debt by the creditors ' Committee and believes the current week decisive for the negotiations. The essence of the proposal didn't show up.

"dialogues to come on, but need a stimulus in order to push the parties to compromise, - quotes Agency the opinion of economist Bank of America Merrill Lynch Vadim Khramov, which suggests that in the end the parties are able to come to a common opinion About the cancellation of 20% of the debt.- An incentive could be the introduction of the moratorium, the probability of which increases with the approach of the maturity date in September ".

last week there was an informal message about the fact that the investment Firm Franklin Templeton, together with three other bondholders of Ukraine made a proposal to the country to write off 5% of the debt. Creditors for the first time considered the possibility of withdrawal of funds, indicating that in June the country had invited the organizations to write off 40% of the debt. The first period of redemption of Eurobonds of Ukraine will come on September 23 of the current year.

sections: Politics

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