Jaresko: dialogues of Kiev with creditors on debt restructuring are difficult
Dialogues of Kiev with private creditors to restructure the debt obligations of Ukraine are difficult, for a positive result it will be necessary to undertake a complex of measures, said the Head of the Ministry of Finance of Ukraine Natalie Jaresko. "dialogues are very difficult and will require a number of measures to achieve stability of debt", Jaresko said at a forum on security on the last business day of the week in Kiev, reports RIA " Novosti ".
remember, may 19, the Verkhovna Rada of Ukraine adopted the law that will give the ability to suspend payments on restructured debt. The Minister of Finance of Russia Anton Siluanov said that Moscow will turn to international court if the head of Ukraine Petro Poroshenko will sign the law on the moratorium on the payment of external debt of Ukraine. First source said that the lawsuit filed by Russia regarding the non-payment of Ukraine's debt in 3 billion dollars, in the event of such a situation may last for several years. According to him, the next tranche of financial aid from the international monetary Fund (IMF) for Ukraine is impossible without agreements with holders of its bonds. For its part, a source in the EU institutions was informed that a technical default of Ukraine will undermine the country's ability to attract private investment programme of the European Union, as well as among them in the line of the European Bank for restoration and development and the European investment Bank.