The non-payment of Ukraine's debt to Russia will mean a default situation, said on the last working day of the week press Secretary of the President of the Russian Federation Dmitry Peskov.

before the head of the Ministry of Finance of Ukraine Natalia Yaresko in an interview said that the Russian Federation may declare a default of Ukraine, if Kiev makes payment on the bonds for 3 billion dollars. In her expressions, and at the moment Ukraine can not make a payment because it has clearly defined the characteristics of possible payments on the IMF programme. The head of the Ukrainian Finance Ministry also stressed that they are ready to meet with his Russian counterpart to discuss the issue of restructuring.

"the story is about sovereign debt, and, of course, the failure to Pay would mean default situation," said Sands.

Ukraine has the risk to prevent a default on Treasury bonds by Russia at $ 3 billion, the deadline for repayment of which occurs in early winter. The Agency Tuesday citing a source informed that the Russian Federation is currently looking for options to block the next tranche of the IMF, if the default will be allowed. However, officials of the Russian Federation spoke about this possibility. So, the Minister of Finance Anton Siluanov didn't exclude that the Russian Federation may exercise its right to a sovereign borrower, and to require the Foundation to recognize the program of payment of Ukraine is untenable.

sections: Politics