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7 of October, 20:50

Ukraine told the court of London about "pressure" from Russia in taking the loan
The Ministry of Finance of Ukraine presented on the last working day of the week the London court "confirmation" regarding Ukraine's debt in Eurobonds for $ 3 billion. United States, bought by Russia.
As highlighted in the statement of the Ukrainian Ministry of Finance, confirmations contain information on the role of Russia in this " disputed transaction and its huge pressure on Ukraine ", UNIAN reports." Ukraine expects Russia to return evidence are required to be submitted on 4 November 2016 - before the message about the decision in summary procedure will be heard by an English court in January 2017, " - said in the document.
According to the statement, Ukraine did not contest the fact that the Russian Federation is a real party to the contract, But stressed that Russia demands repayment of the debt despite their "illegal actions" on Ukraine, which forced to enter into this agreement and despite the devastating losses that Russia would be As if "caused and continues to cause," Ukraine. September 21 Ukraine has expressed readiness to discuss the issue of the debt to Russia $ 3 billion dollars in pre-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. First Deputy Finance Minister Sergei Storchak said that the London court scheduled a hearing on the claim of Russia to Ukraine on a debt of $ 3 billion on 17-20 January. 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. While 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.

sections: Politics

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