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18 of September, 18:34

Poroshenko signed a law on restructuring of public debt of Ukraine
The head of Ukraine Petro Poroshenko has signed a package of bills needed to run the legal sovereign debt restructuring mechanism, notified on the Internet office of the Verkhovna Rada on the last working day of the week.
"Returned with the signature of the President 18. 09. 2015 ", - is informed in the report of the Rada, reports RIA " Novosti ".
before the last working day of the week the holders of Ukrainian Eurobonds to the amount of five hundred million dollars told that have a controlling share of votes and have the ability to block a debt restructuring deal in Ukraine. On Thursday, the Ukrainian deputies constitutional majority support for the package prepared by the government of draft laws on the restructuring of the debt. The Minister of Finance of Ukraine Natalie Jaresko has not excluded that in case of deterioration Kiev may require another restructuring of the public debt. 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.

sections: Politics

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